Orrick's Nathaniel Reisenburg joins RegFi co-hosts Jerry Buckley and Caroline Stapleton to discuss the newly proposed regulatory framework for payment stablecoins released by the Office of the Comptroller of the Currency pursuant to the GENIUS Act. The conversation examines the proposal's requirements for reserves, redemption rights, capital and supervision, as well as the Act's prohibition on issuer-paid interest or yield. The episode also explores the policy goals behind stablecoin regulation and what current and prospective issuers should be doing now as the rulemaking process moves forward.
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