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FDIC Clarifies Stablecoin Holders Lack Deposit Insurance Coverage
The U.S. Federal Deposit Insurance Corporation (FDIC) has concluded its public comment period as of June 9, 2026, regarding a proposed rule that clarifies the status of stablecoin holdings relative to federal deposit in…
Drift Protocol to Enable Insurance Fund Withdrawals After Restart
The Solana-based decentralized exchange Drift Protocol has announced that depositors in its Insurance Fund will soon be able to withdraw their staked shares. This decision follows a temporary suspension of operations ca…
Aon Completes First Stablecoin Premium Payment Proof of Concept
Global insurance brokerage and risk consultancy firm Aon has successfully executed a proof of concept (PoC) for insurance premium payments using stablecoins. This milestone represents one of the first documented instanc…