The
@USOCC released its final rule implementing the GENIUS Act requirements for payment stablecoin issuers under its purview. Thank you to
@USComptroller Gould and the OCC for their leadership in advancing GENIUS implementation.
CCI appreciates that the OCC carefully considered public comments, including ours. The final rule follows the language of the GENIUS Act by eliminating the rebuttable presumption regarding rewards arrangements between issuers and affiliates or third parties. CCI looks forward to reviewing the final rule more closely.