Author: Diane Walsh

Diane covered financial-regulatory affairs for a trade newsletter for eight years before starting this tracker, and she reads rulemaking dockets for a living. Register: newsy, precise about dates and status, careful to separate "enacted" from "proposed." She writes the way a good beat reporter files — what changed, when, and what it means — without editorialising.

The Stablecoin Affiliate Yield Ban: What the Proposed Extension Would Do

7 August 2026

The GENIUS Act bans the stablecoin issuer from paying interest to holders. The obvious workaround — have an affiliate or third party do the paying instead — is what the OCC’s proposed February 2026 rule is designed to shut down. If finalised, it would extend the interest ban to —

Stablecoin Regulation in 2026–2027: A Running Tracker

31 July 2026

As of mid-2026, here is where US stablecoin regulation stands: the GENIUS Act is law, its ban on issuers paying interest to holders is settled, the OCC’s rule extending that ban to affiliates and third parties is proposed but not final, and the framework’s core provisions are expected to —

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