# US quietly eases stablecoin reserve rules as banks warn billions could shift away from lending

https://mins.news/en/item/110893

- CryptoSlate, 2026-10-22 10:00 UTC
- Economy
- Original: https://cryptoslate.com/treasury-hails-americas-new-stablecoin-system-as-occ-removes-safeguards-banks-wanted-against-deposit-flight/

> Treasury Secretary Scott Bessent compared the GENIUS Act with the National Currency Act of 1863 on the day the Office of the Comptroller of the Currency issued its 721-page final stablecoin rule. The American Bankers Association responded, as banks warned that billions of dollars could move away from lending.

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