OCC Finalizes GENIUS Act Stablecoin Rules, Leaves Rewards Fight Open
By Micah Zimmerman
AI summary of the source article
The Office of the Comptroller of the Currency finalized rules implementing the GENIUS Act for payment stablecoin issuers, taking effect January 18, 2027. The framework establishes licensing, capital, and reserve standards while shifting third-party rewards scrutiny to a case-by-case review.
Why it matters
Comptroller Jonathan Gould stated the rule advances "President Trump and Secretary Bessent’s vision for American leadership in digital assets" by "providing a clear, practical framework for payment stablecoin innovation, with strong standards for reserve backing, redemption, and risk management."
Key facts
- The OCC rule takes effect January 18, 2027, establishing standards for reserve backing, custody, audits, and redemptions.
- The final rule drops a proposed presumption that third-party yield arrangements violate the interest ban, opting for case-by-case reviews.
- Issuers may hold longer-dated Treasuries after the OCC scrapped a proposed 20-day weighted-average maturity limit on reserve assets.
Source excerpt · Bitcoin Magazine
Bitcoin Magazine OCC Finalizes GENIUS Act Stablecoin Rules, Leaves Rewards Fight Open The OCC finalized its GENIUS Act stablecoin rules, effective January 2027, easing reserve limits and leaving the fight over third-party rewards unresolved. This post OCC Finalizes GENIUS Act Stablecoin Rules, Leaves Rewards Fight Open first appeared on Bitcoin Magazine and is written by Micah Zimmerman .