On March 2, 2026, the Office of the Comptroller of the Currency (OCC) released its Notice of Proposed Rulemaking to implement the GENIUS Act’s framework for payment stablecoins. I previously shared a brief summary outlining the core objectives of the proposal. In this piece, I take a more comprehensive look at the rule—examining its structural … More The OCC’s Stablecoin Proposal (Continued): A Detailed Look at the Prudential Framework Behind the GENIUS Act

The OCC’s recent notice of proposed rulemaking (NPR) on payment stablecoins is not simply a fintech update. It is a structural decision about how digital forms of money may sit within the U.S. prudential framework. Rather than treating stablecoins as a peripheral innovation, the proposal positions them as part of the financial system’s liquidity architecture. … More OCC’s Stablecoin Proposal: A Structural Decision About Digital Money