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Cointelegraph by Christina Comben

OCC’s GENIUS Act rule proposal would prohibit yield on payment stablecoins and shape CLARITY debate

The US Office of the Comptroller of the Currency released a 376-page proposal to implement the GENIUS Act, outlining detailed rules for payment stablecoin issuers and banning yield paid solely for holding or using such tokens. The draft, open to public comment for 60 days from its Wednesday publication, creates a rebuttable presumption against issuer–affiliate reward arrangements and could influence how the Digital Asset Market Clarity Act of 2025 addresses stablecoin rewards.
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