A coalition of U.S. bank trade associations has requested the Department of the Treasury to extend the public comment period for the GENIUS Act stablecoin rule proposals. The bankers are asking for a 60-day extension following the completion of a related rule by the Office of the Comptroller of the Currency (OCC). They argue that the OCC's framework is crucial for the Treasury's Office of Foreign Assets Control (OFAC), the Financial Crimes Enforcement Network (FinCEN), and the Federal Deposit Insurance Corp. (FDIC) to finalize their rules. The banking groups, including the American Bankers Association and the Bank Policy Institute, emphasize the complexity of the regulatory efforts and the need for comprehensive evaluation. The GENIUS Act, aimed at regulating U.S. stablecoins, is set to be implemented by 2027. The Treasury has yet to respond to the extension request, which comes amid ongoing debates over the Digital Asset Market Clarity Act.