# Treasury Secretary Bessent likens GENIUS Act to Lincoln-era banking reform

- Source: Cointelegraph
- Published: 2026-10-21T17:10:54+00:00
- Category: Markets
- Original: https://cointelegraph.com/news/occ-finalizes-stablecoin-rules-genius-act-bessent?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
- Canonical: https://groundlevelnews.com/story/treasury-secretary-bessent-likens-genius-act-to-lincoln-era-banking-re-65592f/

The OCC has finalized rules for stablecoin reserves and redemptions, with Bessent calling the GENIUS Act a “watershed moment for American finance.”

_Ground Level News shows a short summary only; the full article and all rights belong to Cointelegraph._