
Fed Proposes Two-Day Stablecoin Redemption Rule, but $76B Stays Locked on Exchanges
- —Fed draft sets a two-business-day redemption deadline for stablecoin issuers
- —About $76 billion in stablecoins sits locked on exchanges and intermediaries
- —Circle Mint and Tether require verified clients; Tether sets a $100,000 minimum
- —For retail holders, exit timing is governed by exchange terms, not the Fed rule
Why it matters: In stress episodes, exit speed determines whether a depeg stays a blip or becomes a panic, and without venue requirements the protection covers only large clients.
Source: CriptoTendencias
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