OCC finalizes GENIUS Act stablecoin rule, easing rewards ban, effective Jan 18, 2027

The OCC has issued its final rule implementing the Trump-signed GENIUS Act stablecoin framework, effective January 18, 2027. It sets reserve, redemption, custody and risk-management standards, keeps redemptions at two business days, sets a $5 million capital floor, and eases the rewards approach: yield for holding stablecoins is prohibited while third-party rewards face case-by-case review, with exchanges required to seek approval for existing programs.

Detected & updated continuously · Source: Nebula