Source-linked briefing Business

OCC Finalizes Stablecoin Rule, Narrow Ban on Paying Interest

OCC Finalizes Stablecoin Rule, Narrow Ban on Paying Interest

The Office of the Comptroller of the Currency issued its final stablecoin rule, including a narrow prohibition on paying interest. The American Bankers Association welcomed some elements but criticized the shift away from prior positions on stablecoin yield.

Original headline

OCC finalizes stablecoin rule with narrow payment-of-interest prohibition