EL7.AI
CryptoMediumUpdated•Originally published 22 October 2026•Updated 22 October 2026•
1 min read

US OCC Mandates 2-Day Redemption Window for Stablecoin Issuers

Key Facts

1The US OCC finalized rules requiring payment stablecoin issuers to process redemptions generally within two business days.
2The rules require issuers to hold reserves at least equal to the amount in circulation under the GENIUS Act.

The US Office of the Comptroller of the Currency (OCC) finalized rules requiring payment stablecoin issuers to process redemption requests generally within two business days. Startup Fortune reported that these new federal standards, established under the GENIUS Act, mandate that issuers hold reserves at least equal to the amount of stablecoins in circulation.

The regulation aims to establish federal oversight and prevent automatic extensions of redemption windows during potential bank runs. According to Startup Fortune, major digital assets including Bitcoin, Ether, and XRP climbed following the announcement on October 21, 2026, with Bitcoin rising 2.4% to approximately $84,700.

Latest Updates · 1

  1. Notable·

    Update: The US OCC established a $5 million capital floor for stablecoin issuers. Additionally, the regulator mandated that these entities maintain an operational backstop equal to 12 months of total expenses to ensure business continuity.