This page may contain stale information. Last updated: 2026-08-15
Overview
The OCC is a US federal banking regulator and a primary payment-stablecoin regulator under the GENIUS Act, issuing charters and proposed implementing rules for permitted payment stablecoin issuers.
Recent Developments
- 2026-08-14: Preliminary conditional approval for world-liberty-financial Trust Company (USD1 stablecoin issuer) — $20M capital, open by Feb 2028; political controversy over Trump ties (2026-08-14-world-liberty-occ-trust-bank-charter, 2026-08-14-world-liberty-coindesk-occ)
Preliminary conditional approval — not final operating charter.
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2026-07-23: Conditional approval for upstart / upstart-bank de novo national bank (2026-07-24-upstart-occ-conditional-bank-charter)
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2026-07-21: Denies wise national trust bank application (Corporate Decision #1381) — first public denial in current fintech charter wave (2026-07-24-wise-occ-denial-primary)
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2026-05: Conditional national bank charter approval for augustus (final pending); Series B follows in July (augustus-180m-stablecoin-clearing-bank)
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2026-07-18: Among agencies that missed coordinated final GENIUS Act rules by statutory deadline (2026-07-18-genius-act-clearingpost-miss)
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2026-07-10: Final national trust bank approval for Circle