GENIUS Act: Reporting Forms and Instructions for Permitted Payment Stablecoin Issuers Subject to the Jurisdiction of the Office of the Comptroller of the Currency

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.

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)