The Office of the Comptroller of the Currency called on community banks to apply directly or through subsidiaries to become permitted dollar-pegged payment stablecoin issuers under the GENIUS Act on October 26, 2026

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.