Agency head Jonathan Gould said they had taken feedback from the crypto industry into account. The OCC is revising the original rules, published in February 2026, in a 376-page document. The document clarifies the agency’s jurisdiction over stablecoin regulation, including capital and liquidity requirements for risk management.
Initially, U.S. agencies such as the OCC, FDIC, and others were supposed to finalize the rules by July. However, they missed the original deadline. Gould expects the OCC to begin processing applications related to stablecoin issuers starting in 2027. Meanwhile, the GENIUS Act is set to take effect on January 18, 2027.