The FDIC is finalizing the technical data schemas, reporting cadence (weekly and quarterly), and attestation formats that stablecoin issuers must use—formats that, once standardized, are difficult to change. The comment window is open now on the Paperwork Reduction Act notice. The Ethereum and stablecoin community can supply working examples of on-chain reserve reporting, educate regulators on machine-verifiable attestation practices already deployed, and influence the choice of data structures and submission formats to ensure interoperability and technical feasibility.
EEA should immediately identify the PRA comment deadline (likely 30–60 days from publication), coordinate with stablecoin issuer members and infrastructure providers, and submit a comment letter that illustrates existing on-chain reserve attestation practices, proposes interoperable data schemas, and addresses technical feasibility of compliance reporting.
