Financial Services Financial Services

US FDIC weighing whether stablecoins should be covered by deposit insurance

By Neil Roland
  • 01 Dec 2021 16:39
  • 01 Dec 2021 16:39
The head of the US Federal Deposit Insurance Corp. said it is considering whether deposit insurance should cover stablecoins.
The question “is a complicated one,” FDIC Chair Jelena McWilliams said at a webcast* yesterday. “We’re looking at it and trying to figure out exactly what would be the best applicability

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Neil Roland

Senior Correspondent

Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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