#OCCRemovesStablecoinSevenDayRedemptionExtension
⏱️ What "Two Business Days" Really Means for Stablecoin Redemptions
📅 The OCC's final GENIUS Act rule dropped the automatic 7-day extension
⏱️ Issuers must redeem within two business days of a valid request
🗓️ Business days skip weekends and federal holidays, so it isn't 48 hours
✅ The clock stops when the issuer sends the money, not when your bank credits it
👤 Retail holders must be able to redeem, from as little as one token
⚠️ Requests above 10% of supply in 24h trigger an OCC notice; the OCC expects extensions to be rare
⏳ Effective Jan 18, 2027
What it means for crypto: clearer cash-out rules should make bank-supervised stablecoins more dependable, but they cover only OCC-licensed issuers.
How fast do you expect a stablecoin to pay out? 👇
$BTC $ETH
#CryptoNews #Stablecoins #GENIUSAct #OCCRemovesStablecoinSevenDayRedemptionExtension
⏱️ What "Two Business Days" Really Means for Stablecoin Redemptions
📅 The OCC's final GENIUS Act rule dropped the automatic 7-day extension
⏱️ Issuers must redeem within two business days of a valid request
🗓️ Business days skip weekends and federal holidays, so it isn't 48 hours
✅ The clock stops when the issuer sends the money, not when your bank credits it
👤 Retail holders must be able to redeem, from as little as one token
⚠️ Requests above 10% of supply in 24h trigger an OCC notice; the OCC expects extensions to be rare
⏳ Effective Jan 18, 2027
What it means for crypto: clearer cash-out rules should make bank-supervised stablecoins more dependable, but they cover only OCC-licensed issuers.
How fast do you expect a stablecoin to pay out? 👇
$BTC $ETH
#CryptoNews #Stablecoins #GENIUSAct #OCCRemovesStablecoinSevenDayRedemptionExtension