PANews reported on February 7 that the Market Participation Division of the U.S. Commodity Futures Trading Commission (CFTC) reissued CFTC Employee Letter No. 25-40, revising the definition of "payment stablecoins." The revised terms explicitly state that national trust banks can act as authorized issuers of payment stablecoins.

The department previously issued CFTC Employee Letter No. 25-40 on December 8, 2025, which did not explicitly include payment stablecoins issued by National Trust Banks, but this was not an intentional exclusion. Therefore, the letter was reissued to expand the definition to explicitly include such issuers.