OCC urges community banks to enter the stablecoin payments market

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The U.S. Office of the Comptroller of the Currency is encouraging smaller community banks to build stablecoin payment services. The push comes ahead of the arrival of new federal licensing requirements for stablecoin activity. The regulator's message signals that smaller lenders could take part in a market that has so far been dominated by larger players. The article notes the timing relative to upcoming rules but provides limited detail on the specific requirements or deadlines involved.

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