OCC Proposes Weekly and Quarterly Reports for Stablecoin Issuers

The OCC proposed reporting forms for payment-stablecoin issuers to disclose the assets backing their tokens and other details on their financial condition.

In a request for comment, published in the Federal Register, the OCC seeks feedback on the forms, which would establish reporting requirements tied to the stablecoin rule proposed in March 2026 under the GENIUS Act .

In the proposed weekly form, the OCC would require disclosures on the composition of an issuer's reserve assets, including separate schedules for cash balances, U.S. Treasury securities, reverse repurchase agreements, money market mutual funds, and other instruments. The OCC would also require issuers to report their largest stablecoin holders by wallet address, the exchanges trading the token, trading volume, and top counterparties, which the OCC said would let it monitor market activity during times of stress.

In the proposed quarterly form, the OCC would require reports on an issuer's  financial condition (an income statement, balance sheet, off-balance-sheet items, and capital information) modeled on the Call Reports that national banks file but streamlined for issuers' simpler business. The OCC said it intended to publish the quarterly information so the public could follow an issuer's financial condition.

The forms would apply to permitted payment stablecoin issuers and foreign payment stablecoin issuers, which the OCC estimated would be about 30 issuers.