Regulation· ★★★★· bullish·

Bessent: GENIUS Act is a watershed, OCC final rule sets clear basis for stablecoins

  • —Bessent compared the GENIUS Act to Lincoln's 1863 National Currency Act
  • —The OCC final rule was framed as a basis for private-sector stablecoin innovation
  • —The Treasury chief said the law cements the US as the global crypto hub
Why it matters: The OCC's final GENIUS Act rule reduces regulatory uncertainty for US payment stablecoin issuers and could accelerate institutional adoption.
Source: ChainCatcher 链捕手
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