The Office of the Comptroller of the Currency stated that its push to encourage stablecoin issuance under the GENIUS Act complements its Community Bank Comeback initiative to tailor supervision so community banks can compete and grow

Tokens pegged to stable value, usually the US dollar, spanning issuers and reserves, depegs, and adoption by banks and payment networks.

Laws and rules for fiat-pegged tokens, from the US GENIUS Act to Europe's MiCA, covering reserves, licensing and yield restrictions.