The OCC has finalized rules covering reserves, redemptions and certain custody activities for payment stablecoins. Issuers must maintain reserves worth at least as much as their outstanding stablecoins and generally process redemption requests within two business days. The rule applies to national banks, federal savings associations, federal branches and firms that hold or seek federal qualified issuer status. The rule and the GENIUS Act will take effect on January 18, 2027, while bank secrecy, anti-money-laundering and sanctions requirements will be addressed separately.
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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
