A pending OCC application alone will not let existing US stablecoin issuers keep issuing after Jan. 18, 2027.
The OCC finalized GENIUS Act rules for stablecoin reserves, redemptions and related services.
Existing US issuers awaiting approval must request a written waiver and have a substantially complete application pending.
Relief can last no more than 12 months, and the OCC says issuers should not assume they will get a full year.
The American Bankers Association criticized the yield provisions, while the Blockchain Association approved the change.
💬 Should stablecoin rewards rules be strict, flexible, or clearer?
Source: CryptoSlate, Cointelegraph, The Block
Trading crypto from Dubai since 2019.
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