The Federal Deposit Insurance Corporation (FDIC) has unveiled a new framework under the GENIUS Act, allowing U.S. banks to issue payment stablecoins. This framework outlines the approval requirements for bank subsidiaries to enter the digital dollar market, marking a significant step in integrating stablecoins into the traditional banking system. In related developments, Visa plans to offer stablecoin settlement for U.S. institutions using Circle’s USDC on the Solana blockchain, further indicating the growing institutional adoption of stablecoins. Meanwhile, BNB Chain has announced plans to launch a new stablecoin to enhance liquidity across major application scenarios, highlighting the increasing focus on stablecoin utility in the crypto ecosystem.