FedMSB


Newly established industry committee will coordinate the development of AmeriUSD — The Digital Dollar System — for the next generation of U.S. payments, remittances and settlement.
New scholarly monograph examines how economic reality, theory, institutions, and evidence can be connected without collapsing their distinctions.
AmeriUSD is intended to provide the U.S. MSB industry with a shared framework for the next generation of digital-dollar infrastructure.
The Federal Money Services Business Association (FedMSB) today introduced its new Certificate of Membership design, establishing a refined and standardized format for FedMSB member certificates.
The Federal Money Services Business Association (“FedMSB”) today announced the planned release of a new America 250 commemorative concept design for a U.S. payment stablecoin, honoring the 250th anniversary of the United States of America.
SSA, an independent standards platform within FedMSB, is launching a technical working group to publish evidence-cited minimum baselines for disclosure, redemption, and governance for public-associated, U.S. dollar–denominated stablecoin arrangements—complete with a 10-working-day public corrections window and expedited updates where feasible.
FedMSB announced today that its president has sent a formal letter urging plain-language disclosures, redemption-resilience standards, and verifiable oversight ahead of the Wyoming Stable Token’s broad distribution.
A formal public comment submission to the Federal Reserve Board’s RFI on the Reserve Bank “Payment Account” prototype (Docket OP-1877), submitted by the Federal Money Services Business Association (FedMSB) and signed by its president, Van Young, dated December 22, 2025.
2025 didn’t deliver a single replacement for cross-border payments. It delivered something more consequential: a future where cross-border behaves like software infrastructure—composable, optimizable, and competitive.And that’s why it’s a pivot year, not incremental progress.
The two-axis framework in this essay. One axis asks how physical or digital the money is. The other asks where trust comes from. Together, they show why digital money is not just a technology question.