OCC proposes rules to implement the GENIUS Act for payment stablecoin issuers

The Office of the Comptroller of the Currency issued a proposed rule on February 25, 2026, to implement the GENIUS Act for permitted payment stablecoin issuers under its jurisdiction. The proposal also covers certain custody activities by OCC-supervised entities. Anti-money-laundering and sanctions rules are being handled in a separate rulemaking with the Treasury.

• Proposed rule dated February 25, 2026 (news release 2026-9)
• Covers permitted and foreign payment stablecoin issuers under OCC jurisdiction
• Comment period is 60 days from Federal Register publication