Comment from Global Legal Entity Identifier Foundation (GLEIF)

Summary: The Global Legal Entity Identifier Foundation (GLEIF) supports the proposed rule and urges the NCUA to incorporate the Legal Entity Identifier (LEI) and its verifiable counterpart (vLEI) into the stablecoin reporting standards. They argue that using the LEI will promote transparency, ensure regulatory consistency across different federal agencies, and reduce the compliance burden for digital asset market participants.