COINTELEGRAPH · 2026-10-26 21:38 UTC

US OCC calls on community banks to become payment stablecoin issuers

The OCC is encouraging community banks to become payment stablecoin issuers under the finalized GENIUS Act rules, which take effect in January. Banking advocacy groups have pushed back against the OCC's proposed stablecoin yield rules, arguing they contradict congressional intent. Community banks are simultaneously suing the OCC over crypto company charter approvals, claiming crypto firms have regulatory advantages.

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