The OCC finalized rules on October 21 for issuers of payment stablecoins under its supervision, implementing key parts of the GENIUS Act. The provisions, which take effect on January 18, 2027, establish requirements covering reserves, redemptions and risk management. Companies seeking authorization to issue stablecoins will still have to wait for applications to open, with the OCC announcing the process separately. Rules addressing anti-money laundering, the Bank Secrecy Act and sanctions will be developed later with the U.S. Treasury, and finalizing the framework does not by itself mean that issuers receive approval.
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