The Federal Reserve is actively working on a regulatory framework for stablecoins. According to FOMC Vice Chair Michelle Bowman, bank regulators are collaborating to establish clear guidelines for these digital assets. This development signals growing regulatory interest in the stablecoin market. As stablecoins become increasingly integrated into the financial system, regulators aim to address potential risks related to consumer protection, money laundering, and financial stability. The specific details of the framework are yet to be released, but the announcement confirms that stablecoin oversight is a priority for US bank regulators. Expect further news and announcements in the near future as the framework takes shape. ```