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US and Canada Push for Stablecoin Adoption in Banking Sector

US and Canada Push for Stablecoin Adoption in Banking Sector

OCC Lets Crypto Firms Keep Paying Stablecoin Rewards
OCC Lets Crypto Firms Keep Paying Stablecoin Rewards

The OCC’s new GENIUS Act rules let exchanges like Coinbase and Robinhood keep paying interest-like stablecoin rewards, despite warnings from banks about deposit flight. TLDR Federal regulators...

OCC Urges Community Banks to Issue Stablecoins
OCC Urges Community Banks to Issue Stablecoins

The OCC is encouraging community banks to apply as permitted stablecoin issuers under the GENIUS Act as federal licensing requirements take effect on Jan. 18, 2027. TLDR The Office of the...

US OCC calls on community banks to become payment stablecoin issuers
US OCC calls on community banks to become payment stablecoin issuers

The announcement followed the banking regulator finalizing its rules for the GENIUS Act, a stablecoin law to be implemented in January

Canada opens consultation on stablecoins, citing US GENIUS Act
Canada opens consultation on stablecoins, citing US GENIUS Act

As part of the potential implementation of its Stablecoin Act, the Canadian government will hear from the public on a proposed framework for tokens from non-financial institutions.

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