OCC takes a fresh look at stablecoin rewards in final GENIUS Act rule

The Office of the Comptroller of the Currency is rethinking one of the thorniest questions in US stablecoin regulation: when does a reward become a yield payment? According to CoinDesk, the OCC’s final rule will start fresh in weighing stablecoin rewards against the GENIUS Act’s ban on yield. That puts every “earn rewards on your dollars” banner in the industry under a new microscope. The law at the center of this is the Guiding and Establishing National Innovation for U.S. Stablecoins Act, better known as the GENIUS Act. It was signed on July 18, 2025.