OCC Finalizes Stablecoin Issuer Rules Ahead of Jan. 18 Deadline

The Office of the Comptroller of the Currency (OCC) finalized payment stablecoin issuer rules Wednesday, setting requirements for firms under its jurisdiction before a Jan. 18, 2027, compliance deadline. The rule and the GENIUS Act take effect Jan. 18. From that date, a business generally must be approved as a permitted issuer to issue a payment stablecoin in the United States. A separate restriction on digital asset service providers offering or selling stablecoins from nonpermitted issuers to people in the U.S. begins July 18, 2028, subject to statutory exceptions.