The Office of the Comptroller of the Currency (OCC) has announced that community banks are now permitted to partner with stablecoin companies. Comptroller Jonathan Gould highlighted that these partnerships can drive innovation and enable banks to offer new products tailored to their communities' payment needs. This move comes as the OCC updates its supervisory frameworks to accommodate the evolving financial landscape.
OCC Endorses Community Banks' Partnerships with Stablecoin Firms
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