OCC finalizes GENIUS Act rules for stablecoin issuers and custody

The Office of the Comptroller of the Currency finalized its rule implementing the GENIUS Act, covering payment stablecoin issuance and certain custody activities, with the framework taking effect in mid-January. The rule gives federally chartered banks and stablecoin issuers a clearer compliance path, reducing regulatory uncertainty around dollar-backed tokens. Traders should watch for how this shapes stablecoin issuance and bank custody offerings, though the direct price impact is limited since no specific token is named.