ENSO · 2026-10-26 13:55 UTC

GENIUS Act Final Rule Explained

The OCC published its final rule implementing the GENIUS Act on October 21, 2026, setting requirements for payment stablecoin issuers including 1-to-1 reserve backing, two-business-day redemptions, and monthly reserve reports. The rule and GENIUS Act take effect January 18, 2027, establishing federal regulatory standards for stablecoin issuers under OCC jurisdiction. The rule prohibits issuers from paying interest or yield to stablecoin holders and includes custody requirements and monitoring of large state-chartered issuers.

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