The OCC proposal resolves the stablecoin yield debate and paves the way for CLARITY. The OCC's proposal implements the GENIUS Act to prohibit yields on payment stablecoins and introduces a rebuttable presumption regarding the reward structure related to issuers.
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The OCC proposal resolves the stablecoin yield debate and paves the way for CLARITY. The OCC's proposal implements the GENIUS Act to prohibit yields on payment stablecoins and introduces a rebuttable presumption regarding the reward structure related to issuers.