OCC finalizes stablecoin regulation with limited ban on interest payments

The Office of the Comptroller of the Currency (OCC) has finalized a rule on stablecoins that includes a narrow prohibition on the payment of interest. This decision marks a shift from the OCC's previous stance on stablecoin yields, a move that the American Bankers Association (ABA) has publicly disagreed with. The rule represents a significant regulatory development in the evolving stablecoin market.

Originally published by gnews