Washington Turns Stablecoins Into a Weekly Call-Report System
The OCC comment period closes Aug. 11, 2026 for proposed GENIUS Act reporting forms covering OCC-supervised permitted payment stablecoin issuers and foreign payment stablecoin issuers. The proposal would create confidential weekly coin-level reporting and quarterly financial-condition reporting, moving stablecoins closer to bank-style supervisory data collection. The important shift is not only what reserves stablecoins may hold, but how often issuers would have to turn their payment systems into regulator-readable reports.