🇺🇸 The US Stablecoin Rulebook Is Taking Shape The US just took a major step toward regulating stablecoins. On October 21, the Office of the Comptroller of the Currency (OCC) finalized its rule implementing the GENIUS Act for payment stablecoin issuers and related activities under its jurisdiction. The framework sets requirements around reserves, redemptions and risk management. Here’s the second-order effect: stablecoins could become more integrated into traditional finance: but issuers will face a clearer compliance burden, and smaller players may find it harder to compete. The real question is whether regulation makes dollar stablecoins more trusted and useful, or concentrates the market among a few well-resourced issuers. #Stablecoins #CryptoRegulation #GENIUSAct #Crypto