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OCC Eyes Community Banks for Stablecoin Expansion, Pending Federal Approval

OCC Eyes Community Banks for Stablecoin Expansion, Pending Federal Approval

Photo: Crypto Economy

The U.S. OCC formally urged community banks to enter the stablecoin payments market. The federal regulator invited smaller financial institutions to develop capabilities to issue and manage dollar-pegged tokens—either directly or through subsidiaries—under the new regulations of the GENIUS Act. This initiative seeks to integrate small traditional banking into digital infrastructure to prevent losing competitiveness ... Read more

Source: Crypto Economy

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