The OCC has finalized the rules on stablecoins under the GENIUS Act.

Issuers are required to maintain reserves equal to or greater than the value of the tokens in circulation. At the same time, stablecoin redemptions must be processed within two business days. In addition, issuers are prohibited from paying interest for holding or retaining stablecoins.

At the same time, the American Bankers Association argues that only Congress can make decisions on yield payments. They are calling for stricter restrictions on yield payments. The OCC’s new rules take effect on January 18, 2027.