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ARTICLE · 06 MARCH 2026

OCC Proposes Rules To Implement The GENIUS Act For Payment Stablecoin Issuers

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On February 25, 2026, the Office of the Comptroller of the Currency (OCC) issued a Notice of Proposed Rulemaking to implement the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act)...

United StatesFinance and Banking
A.J. Dhaliwal
A.J. Dhaliwal
Alexander Lazar
Alexander Lazar
Maxwell Earp-Thomas
Maxwell Earp-Thomas
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On February 25, 2026, the Office of the Comptroller of the Currency (OCC) issued a Notice of Proposed Rulemaking to implement the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) governing payment stablecoin issuance and related activities by entities subject to OCC oversight (previously discussed here and here). 

The proposal would build a federal supervisory framework around “payment stablecoins” (i.e., tokens designed for payment or settlement and redeemable at a fixed amount of monetary value). The rule text reflects a prudential approach to payment stablecoin oversight, centered on reserve integrity, redemption mechanics, governance, and operational resilience. The proposed rulemaking provides additional detail on several key components of the GENIUS Act: 

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