The US Office of the Comptroller of the Currency Supports Community Banks in Stablecoin Business Innovation

According to a report by Jinse Finance, the U.S. Office of the Comptroller of the Currency (OCC) recently stated that community banks can form partnerships with stablecoin development organizations to drive innovation and develop new financial products. The OCC will review and update the relevant regulatory framework as appropriate to support innovative growth in the banking sector while ensuring the operational vitality of community banks.