US Regulators Give Banks a New Tool to Fight the Stablecoin Threat

By Coin Edition
12 days ago
STABLE READ CIN
  • OCC now permits banks to hold crypto exclusively for blockchain network fee payments.
  • Policy strengthens regulated integration of blockchain settlement within US banks.
  • Stablecoin adoption pressures banks to modernize rails and protect deposit bases.

The Office of the Comptroller of the Currency issued updated guidance on Tuesday allowing federally chartered banks to hold crypto-assets as ‘principal,’ solely to pay blockchain network fees. 

The ‘Gas’ Rule: Why Banks Need to Hold Crypto as Principal

The new framework lets banks hold limited crypto balances required for on-chain transactions while operating under strict supervisory controls. The OCC previously allowed institutions to run blockchain nodes and use distributed ledgers to streamline settlement, forming the foundation for this latest step.

Banks have intensified calls for clarity as stablecoin n…

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