Wu Blockchain has learned that on May 15, the U.S. National Credit Union Administration (NCUA) announced a proposed rulemaking notice outlining the operational and risk management standards for NCUA-approved stablecoin issuers as mandated by the GENIUS Act. NCUA Chairman Kyle Hauptman stated that the proposed rule supports his view that credit unions should not be at a disadvantage compared to other entities regarding these standards. Stakeholders will see that the NCUA has worked to align the NCUA-approved PPSI standards with the proposed standards applicable to bank subsidiaries. The proposed rule is now open for review and public comment in the Federal Register, with the comment period ending on July 17, 2026. https://(wublock123.com)/news/ncuoa-proposes-approved-stablecoin-issuer-standards-61221