Summary
On October 21 the U.S. Office of the Comptroller of the Currency (OCC) released its final rule for payment stablecoin issuers under the GENIUS Act, becoming the first regulator to publish a complete federal framework, effective January 18, 2027. Compared with the draft, the OCC relaxed several prov…
Key points
- Issuers, banks and fintechs can use this to plan licensing, reserve and reporting preparations ahead of 2027.
- This is the first federal stablecoin issuance framework to land in the U.S., determining who can legally issue and custody payment stablecoins going forward.
- Issuing payment stablecoins in the U.S. without approval could carry criminal liability, so product teams must redesign wallets and distribution channels in advance.
Editorial note
This page is Code & Chain's editorial summary of public sources. It may be prepared with AI assistance and published through an automated workflow. Refer to the original sources; this content is not investment, legal, or tax advice.