GENIUS Act: Revised 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 finalizing 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. These reporting forms were first proposed in June 2026.¹ With this issuance, the OCC is publishing a revised set of the weekly and quarterly reporting forms for public comment. Comments are requested on these forms within 30 days of publication of the information collection in the Federal Register.

Highlights

• On October 21, 2026, the OCC issued a final rule implementing the 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 final rule).
• In response to comments received on the June 2026 proposal, and to conform to changes adopted in the final rule, the OCC made revisions to the proposed reporting forms.
• The revised reporting forms would
  • help ensure compliance with the final rule.
  • facilitate OCC supervision of permitted payment stablecoin issuers and foreign payment stablecoin issuers.
  • promote transparency with respect to the financial condition of permitted payment stablecoin issuers and foreign payment stablecoin issuers.
• Subject to approval by the U.S. Office of Management and Budget, this information collection would take effect as of the January 25, 2027, report date for the weekly reporting form, and the March 31, 2027, report date for the quarterly reporting form.

Further Information

Please contact Shaquita Merritt, Clearance Officer, at (202) 649-5490, Ashley Rangel, Deputy Chief Accountant, at (202) 649-5648 or Christopher Sadej, Market Risk Specialist, at (202) 649-6422.

James M. Gallagher
Senior Deputy Comptroller and Chief National Bank Examiner

Related Links

• Agency Information Collection Activities: Proposed Information Collection; Submission for OMB Review; Reporting Forms and Instructions for Permitted Payment Stablecoin Issuers Subject to the Jurisdiction of the Office of the Comptroller of the Currency (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)
• 91 Fed. Reg. 35795, dated June 12, 2026