The FDIC (Federal Deposit Insurance Corporation) officially approved a new proposed rule today, specifically targeting "stablecoin issuers". The core meaning is: In the United States, stablecoin issuers regulated by the FDIC must comply with a set of bank level security standards: 1. The reserve fund must be real gold and silver (high-quality assets, cannot be manipulated); 2. Users can exchange 1:1 back to US dollars at any time; 3. Prepare sufficient capital and liquidity; 4. Do a good job in risk management and avoid accidents casually. 5. The "stablecoin reserves" deposited in banks can enjoy through insurance. 6. "tokenized deposits" are treated exactly the same as regular bank deposits. It is worth noting that: Stablecoins themselves do not have deposit insurance, and users can only rely on the issuer's reserve funds to exchange them (if the issuer encounters an accident, the risk will be borne by themselves); Tokenized deposits are different. They are directly issued or represented by banks insured by FDIC and are bank deposits. All bank deposits have the same treatment (including deposit insurance), and they still have it. That is to say, tokenized deposits are an upgraded version of blockchain for bank deposits. If this proposal is passed, it will give banks more motivation to promote tokenized deposits instead of issuing stablecoins on a large scale. This is the 'proposal rule', which is in the stage of soliciting opinions, not the final implementation. However, the direction is clear - the regulatory framework is gradually taking shape.