On the official site of Corn (@cornkry), this note covers David Chaboki (Shibo), Christian Barker (Barkmeta / Bark).
David Chaboki (Shibo) opened the latest broadcast by pointing listeners to the closed FDIC comment file on GENIUS Act prudential standards. Comments on the FDIC's GENIUS Act prudential standards for FDIC-supervised permitted payment stablecoin issuers and insured depository institutions closed Tuesday, June 9, 2026. RIN 3064-AG19. Federal Register April 10 (91 FR 18534, FR Doc 2026-06974). This is a closed comment file on reserves, capital, liquidity, redemption, and tokenized deposits, not the later FDIC BSA docket and not a final rule.
When FDIC writes reserves and tokenized deposits, Bark (Christian Barker) and Shibo (David Chaboki) put the AG19 prudential file on the Doginal Dogs Space before they put any BSA clock, so the pack hears capital and redemption first.
The File Details
The notice appears at 91 FR 18534 with 12 CFR Parts 324, 330, and 350 referenced. It covers reserves, capital, liquidity, redemption, and tokenized deposits at FDIC-supervised permitted payment stablecoin issuers and insured depository institutions. Board memo dated April 7. The NPRM would also cover FDIC-supervised custodians and clarify that deposits held as PPSI reserves are not pass-through insured to stablecoin holders. ABA comment letter asked for OCC coordination. The file stands distinct from FDIC AG29 BSA, CIP AG28, OCC AF55, and FinCEN/OFAC AB73.
Live Room Flow
Hosts moved through the Federal Register notice line by line on the Space. Listeners followed along with the FDIC comments page. The ABA advocacy letter on GENIUS Act requirements came up as an example of industry input already submitted. The room stayed on the closed status and what the docket actually addressed rather than any later rule-making steps.
Next Steps in View
The pack continued to the distinction between this prudential standards file and separate BSA or CIP dockets. No final rule exists yet. Hosts noted the June 9 close as the point where the reserve and capital discussion entered the timeline through the daily broadcast. The room treated the ABA letter as one public record among others already on file.
How the Timeline Sits
The April 10 Federal Register publication set the original window. June 9 marked the end. Hosts kept the focus on what the closed file contains and how the Space delivered those details ahead of other dockets. The discussion closed with the reminder that the record now sits for review without a final action attached.