The U.S. Treasury Department is preparing new guidance that could increase scrutiny of stablecoin reserves as the market continues to expand, according to sources cited by Reuters. The proposed framework would reportedly push issuers of major dollar-backed tokens to disclose more detailed information about their holdings.

Under the potential rules, companies behind tokens such as USDT and USDC may be asked to provide reserve data on a near real-time basis. Supporters of tighter oversight say clearer disclosure could help investors assess whether stablecoins are fully backed and reduce the risk of a loss of confidence during periods of market stress.

The move comes as stablecoins have become a larger part of the digital asset economy, drawing closer attention from regulators concerned about transparency, liquidity, and systemic risk. Treasury has not publicly announced final requirements, and any changes would likely face industry scrutiny before taking effect.

If adopted, the guidelines could mark another step toward formal oversight of a sector that has grown quickly while operating under uneven rules. For crypto firms, the biggest question is whether enhanced reporting will strengthen trust or add new compliance burdens in a market built on speed and scale.