Blogs
The FDIC Draws a Line: What Stablecoin Insurance Means for Switzerland
The U.S. Federal Deposit Insurance Corporation has made its position crystal clear: stablecoins will not receive FDIC deposit insurance under the newly implemented GENIUS Act. But more importantly, they’ve also ruled out “pass-through insurance” — a potential loophole where banks might have obtained government protections on behalf of stablecoin customers. This isn’t just American regulatory theater. It’s a blueprint that Switzerland will almost certainly follow. The FDIC’s Hard Line FDIC Chairman Travis Hill announced at an American Bankers Association summit that payment stablecoins subject to the GENIUS Act are ineligible for pass-through insurance. His reasoning is straightforward: current pass-through rules require that “identities and interests of end-customers must be ascertainable in the regular course,” which he noted is “not a common feature of large stablecoin arrangements today.”
March 16, 2026
FATF Warns: Stablecoins Now Fuel 84% of Illicit Crypto Activity
The Financial Action Task Force’s March 2026 report delivers a stark message: dollar-pegged stablecoins have become the primary vehicle for money laundering, sanctions evasion, and terrorist financing — with unhosted wallets creating a massive regulatory blind spot. The Numbers That Matter The FATF’s new 42-page targeted report on stablecoins and unhosted wallets paints an alarming picture of how digital finance is being weaponized by bad actors:
March 7, 2026
Tether Invests in Whop to Bring Stablecoin Payments to Millions of Creators
Tether has made a strategic investment in Whop, a rapidly growing fintech platform that enables creators and entrepreneurs to monetize digital products using stablecoin infrastructure. The partnership aims to bring seamless, self-custodial stablecoin payments to Whop’s extensive user base of over 18 million people across 144 countries. The Partnership: Tether Meets Whop Through its investment arm, Tether is backing Whop’s mission to revolutionize how digital creators receive payments. As part of the agreement, Whop will integrate Tether’s Wallet Development Kit (WDK), enabling self-custodial wallets with built-in support for dollar-denominated stablecoins directly within the platform.
February 26, 2026
OCC Proposes Stablecoin Yield Ban, Clearing Path for CLARITY Act
The US Office of the Comptroller of the Currency (OCC) has released a comprehensive 376-page proposal to implement the GENIUS Act, potentially settling the long-standing debate over stablecoin yields. Core of the Proposal The proposal stipulates that supervised entities cannot pay any form of interest or yield—whether in cash, tokens, or other consideration—“solely in connection with the holding, use, or retention” of a payment stablecoin. This regulation is based on Section 4(a)(11) of the GENIUS Act, enacted in July 2025, which established a federal framework for payment stablecoins.
February 26, 2026
Crypto firms including Robinhood, Kraken launch global stablecoin network
A consortium of financial technology and cryptocurrency companies, including Robinhood, Kraken, and Galaxy Digital, has launched a joint stablecoin called USDG (Global Dollar Network), pegged to the US dollar. The aim is to accelerate the adoption of stablecoins worldwide and promote an asset that provides proportionate economic benefits to its partners. Stablecoins are digital tokens designed to maintain a constant value, often used for converting crypto tokens into traditional currencies due to their stability.
November 4, 2024