Regulatory Alerts2026-06-11
OCC Bulletin 2026-24: Proposed Reporting Forms for Stablecoin Issuers Under the GENIUS Act
The Office of the Comptroller of the Currency proposes new weekly and quarterly reporting forms for permitted and foreign payment stablecoin issuers subject to its jurisdiction under the GENIUS Act. These forms, designated PS-01 and PS-02, require issuers to submit confidential activity and reserve data weekly, alongside quarterly reports of condition and income. The OCC is requesting public comments on this information collection within 60 days of its publication in the Federal Register.
OCC Bulletin 2026-24
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June 11, 2026
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To Chief Executive Officers of All National Banks, Federal Savings Associations, and Federal Branches and Agencies; Department and Division Heads; All Examining Personnel; and Other Interested Parties
Summary
The Office of the Comptroller of the Currency (OCC) is proposing a new information collection that would include weekly and quarterly reporting forms that must be completed by permitted payment stablecoin issuers and foreign payment stablecoin issuers registered with the OCC under the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. Comments are requested on these forms within 60 days of publication of the information collection in the Federal Register .
Note for Community Banks
This information collection would apply to permitted payment stablecoin issuers and foreign payment stablecoin issuers for whom the OCC has regulatory authority pursuant to the GENIUS Act.
Highlights
The OCC, as part of its continuing effort to reduce paperwork and respondent burden, invites comment on a new information collection, as required by the Paperwork Reduction Act of 1995 (PRA).
On March 2, 2026, the OCC issued a proposed rule that would implement requirements of the GENIUS Act with respect to the issuance of payment stablecoins and certain related activities by entities subject to the OCC’s jurisdiction. The OCC is proposing a new information collection that would include weekly and quarterly reporting forms that must be completed by permitted payment stablecoin issuers and foreign payment stablecoin issuers under the proposed rule.
The proposed rule would require permitted payment stablecoin issuers and foreign payment stablecoin issuers to submit two reports to the OCC: (1) a weekly confidential reporting form to the OCC for each payment stablecoin it issues, and (2) a quarterly reporting form to the OCC.
Further Information
Please contact Shaquita Merritt, Clearance Officer, at (202) 649-5490, or David Stankiewicz, Director, Office of Financial Technology, at (202) 649-7299.
James M. Gallagher Senior Deputy Comptroller and Chief National Bank Examiner
Related Links
Reporting Forms and Instructions for Permitted Payment Stablecoin Issuers: Notice and Request for Comment (PDF)
Instructions for OCC Reporting Form PS-01, Payment Stablecoin Activity and Reserve Weekly Reporting (PDF)
OCC Reporting Form PS-01: Payment Stablecoin Activity and Reserve Weekly Reporting (MS Excel)
Instructions for OCC Reporting Form PS-02, Permitted Payment Stablecoin Issuer and Foreign Payment Stablecoin Issuer Reports of Condition and Income (PDF)
OCC Reporting Form PS-02: Permitted Payment Stablecoin Issuer and Foreign Payment Stablecoin Issuer Reports of Condition and Income (MS Excel)
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Digital Assets & Tokenization
Distributed Ledger Technology
OCC Regulations
Responsible Innovation