FedMSB News
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SSA Opens Public Call to Set a “Minimum Baseline” for Public-Associated Dollar Stablecoins
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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.
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FedMSB Urges Wyoming to Adopt Strong Public-Trust Safeguards for State Stable Token (“FRNT”)
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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.
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FedMSB Files Comment on Fed “Payment Account” Proposal
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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.
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SSA Files Multi-Agency Petition Urging Coordinated GENIUS Act Implementation, Heightened USDT Risk Treatment, and On-chain Node KYC Rules
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Petition submitted to Treasury/FinCEN, Federal Reserve, OCC, FDIC, and NCUA calls for a clearer federal stablecoin perimeter, a public issuer registry, a coordinated review of the USDT Issuer, and a federally administered Node Registry for settlement-layer accountability.
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FedMSB Launches the Stablecoin Standards Authority (SSA)
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A new standards platform to strengthen the technical, governance, and transparency foundations of U.S. dollar–denominated stablecoins. FedMSB is also backing AmCoinX, a new American Stablecoin Index designed to rank the country’s dollar-pegged tokens the way Wall Street rates stocks.
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FedMSB Submits Comment to U.S. Treasury on Innovative Approaches to Detect Illicit Activity Involving Digital Assets
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FedMSB has formally submitted its comment to the U.S. Department of the Treasury in response to the Request for Comment under Section 9(a) of the GENIUS Act, focused on “Innovative Methods to Detect Illicit Activity Involving Digital Assets” (Docket No. TREAS-DO-2025-0070).
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FedMSB Unveils Concept Design for U.S. Payment Stablecoin Under the GENIUS Act
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FedMSB today released the official concept renderings for the 2025 U.S. payment stablecoin, developed under the framework of the GENIUS Act .
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FedMSB Congratulates Jonathan Gould on Confirmation as Comptroller of the Currency
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Manhattan, NYC— [July 10,2025] — The Federal Money Services Businesses Association (FedMSB) congratulates Jonathan Gould on his confirmation to serve as the next Comptroller of the Currency. We wish him well as he assumes this critical leadership role. FedMSB looks forward to working with Comptroller Gould on a range of important regulatory issues in…