OCC proposes stablecoin issuer reporting rules under GENIUS Act
As U.S. stablecoin oversight takes shape, the Office of the Comptroller of the Currency is proposing weekly and quarterly reporting forms for issuers that fall under its authority through the GENIUS Act. The plan covers both permitted payment stablecoin issuers and foreign payment stablecoin issuers registered with the agency, with public comments due within 60 days after publication in the Federal Register.
Highlights
- The OCC proposed introducing weekly and quarterly confidential reporting requirements for payment stablecoin issuers under its jurisdiction pursuant to the GENIUS Act.
- On March 2, 2026, the OCC issued a proposed rule detailing GENIUS Act requirements for payment stablecoin issuance and associated activities.
- The proposed reporting framework sets a more formal compliance regime for U.S.-regulated domestic and foreign payment stablecoin issuers, with a 60-day comment period following Federal Register publication.
Regulatory rollout for payment stablecoins
As reported by the Office of the Comptroller of the Currency, the proposed information collection is designed for permitted payment stablecoin issuers and foreign payment stablecoin issuers that are subject to OCC jurisdiction under the Guiding and Establishing National Innovation for U.S. Stablecoins, or GENIUS, Act. The agency says the collection would introduce both weekly confidential reporting and quarterly reporting requirements.Under the proposal, issuers would submit a weekly confidential reporting form to the OCC for each payment stablecoin they issue, alongside a quarterly reporting form. The agency is requesting comment on the new forms as part of its process under the Paperwork Reduction Act of 1995.
On March 2, 2026, the OCC issued a proposed rule to implement GENIUS Act requirements tied to payment stablecoin issuance and related activities by entities within its jurisdiction. The new reporting collection is presented as part of that broader rulemaking effort.
Compliance impact on U.S. stablecoin market
The proposed framework signals a more formal supervisory structure for payment stablecoin issuers operating under federal oversight in the U.S. By requiring recurring weekly and quarterly submissions, the OCC is setting out a reporting regime that could shape compliance expectations for both domestic issuers and registered foreign issuers.The comment window remains open for 60 days after the information collection is published in the Federal Register. That process gives industry participants and other stakeholders a chance to weigh in before the reporting forms are finalized.
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