FDIC would require weekly reports from stablecoin issuers, naming their largest holders

Weekly. That is how often the largest payment stablecoin issuers would report to the Federal Deposit Insurance Corporation under forms the agency has now put out for comment. The FDIC published the reporting forms and instructions tied to its April 10 notice of proposed rulemaking implementing the Guiding and Establishing National Innovation for U.S. Stablecoins Act, which was enacted on July 18, 2025 and which the proposal would implement through a new Part 350 of Title 12 of the CFR. Proposed section 350.7(g) sets the weekly report and section 350.7(h) the quarterly one.

Form PS-01 would carry eight schedules and apply to issuers with $1bn or more in total outstanding issuance value, or $100m or more in average daily transaction volume in the prior month. Smaller issuers would file Form PS-01a, which has three. All issuers would file the quarterly Form PS-02, and an issuer would file a separate weekly form for each brand of stablecoin it issues. Schedule A of the weekly form would collect the largest holders of the payment stablecoin and the largest exchanges facilitating trading in it. Comments close 60 days after publication.