OCC Finalizes GENIUS Act Stablecoin Rule Ahead of 2027
- —Rule takes effect January 18, 2027
- —Covers payment-stablecoin issuers and foreign issuers
- —Reserve backing, redemption and risk management are central
- —Application and waiver process opens on a later date
Why it matters: The final rule gives stablecoin issuers a settled U.S. framework, but the closed application window means no new issuer is cleared to operate yet.
Source: Bitcoin Insider