OCC Finalizes GENIUS Act Stablecoin Rules Ahead of January Deadline
Summary
The OCC issued its final rule implementing the GENIUS Act for payment stablecoin issuers under its oversight. Effective January 18, 2027, it sets requirements for reserves, redemption, risk management, audits, reporting, custody, applications and supervision, including rules for foreign and state-qualified issuers. Anti-money-laundering and sanctions requirements are excluded and will be addressed separately by Treasury. The GENIUS Act, signed into law in July 2025, limits U.S. stablecoin issuance and sales to permitted issuers or qualifying foreign issuers.
