Evidence record
Comptroller Gould: GENIUS Act final rule gives community banks a pathway to issue payment stablecoins through a subsidiary
Read the item · published 2026-10-27
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- 2026-10-31 20:46 UTC
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8bf9238cc65732ed26266efd081c00abae5897cb4e50ac8c4bf618dfb4f65797· fetched 2026-10-28 · Wayback Machine copy ↗ - Source type
- Primary Office of the Comptroller of the Currency ↗
… with capital of $75,000, it is today the oldest national bank still operating under the same name and the same OCC charter. Community Banks and the GENIUS Act The OCC has made its position clear: Community banks have a role in the future of payments. Under the final rule, there is a pathway for interested community banks to explore issuing payment stablecoins through a subsidiary. And the requirements are meant to fit the size and risk of the issuer, not to be a one-size-fits-all compliance burden that only the biggest institutions can afford. That is not just a promise on paper. The rule applies the same standards to bank an …
Change log (1)
- 2026-10-28 Published
Verified quotes
“Under the final rule, there is a pathway for interested community banks to explore issuing payment stablecoins through a subsidiary.”
“And the requirements are meant to fit the size and risk of the issuer, not to be a one-size-fits-all compliance burden that only the biggest institutions can afford.”
“The rule applies the same standards to bank and nonbank issuers, so community banks are not asked to compete on an uneven field.”
String-matched against https://www.occ.gov/news-issuances/news-releases/2026/nr-occ-2026-94.html by our verifier before every deploy.
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