defi ·
OCC urges community banks to issue payment stablecoins under GENIUS Act rules
The US Office of the Comptroller of the Currency (OCC) has urged community banks to take on the role of issuing payment stablecoins.
This directive arrived subsequent to the banking authority completing the finalization of regulations pertaining to the GENIUS Act, which establishes a specific law for stablecoins set for implementation in January.
This development reflects a regulatory push toward integrating stablecoin issuance within the established financial infrastructure.
