Stablecoin issuer reporting requires regulatory disclosures covering reserves, issuance, redemptions, and financial condition. This guide explains the OCC's 2026 reporting framework, deadlines, forms, and requirements for banks and payment stablecoin issuers.
Stablecoin issuer reporting under the U.S. GENIUS Act includes weekly disclosures of payment stablecoin activity and reserve assets, alongside quarterly financial-condition reports. The Office of the Comptroller of the Currency (OCC) finalized its implementing regulation in October 2026 and released revised reporting forms for approval. These requirements matter to payment stablecoin issuers, banks, compliance teams, and financial institutions preparing for federal supervision.
Key Takeaways
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The OCC's reporting framework includes Form PS-01 for weekly payment stablecoin activity and reserves and Form PS-02 for quarterly financial condition and income.
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Weekly reports are due each Wednesday by 5:00 p.m. Eastern Time, covering the preceding Tuesday-through-Monday reporting period.
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The revised OCC framework provides reduced reporting for qualifying issuers with consolidated outstanding issuance below $1 billion.
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Quarterly reports cover balance sheets, reserves, income, capital, and other financial information, with management certification requirements.
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The OCC's revised forms remain subject to Office of Management and Budget approval, with initial reporting dates scheduled for January and March 2027.
Current Regulatory Status Under the GENIUS Act
The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act established a federal regulatory framework for payment stablecoins in July 2025.
On October 21, 2026, the OCC issued a final implementing rule and revised reporting forms. The forms followed an earlier proposal released in June 2026 under the Paperwork Reduction Act.
The OCC's revised reporting announcement confirms that the information collection remains subject to federal approval. The final regulation is scheduled to take effect on January 18, 2027.
The framework supplements existing banking oversight, including financial reporting through Call Reports for applicable institutions. It also supports broader U.S. crypto banking regulation.
Weekly and Quarterly Reporting Requirements
| Reporting requirement |
Weekly Form PS-01 |
Quarterly Form PS-02 |
| Frequency |
Weekly |
Quarterly |
| Primary purpose |
Monitor reserves and stablecoin activity |
Assess financial condition and income |
| Main information |
Issuance, redemptions, reserve composition, market-related data |
Balance sheet, income, capital, reserves, financial exposures |
| Reporting period |
Tuesday through Monday |
Calendar quarter |
| Submission deadline |
Wednesday, 5:00 p.m. ET |
Within 30 days of quarter-end |
| Reporting authority |
OCC |
OCC |
| Confidentiality |
Confidential supervisory filing |
Regulatory financial report |
| Initial report date |
January 25, 2027 |
March 31, 2027 |
The initial dates refer to reporting periods, not submission deadlines. The first weekly filing is scheduled for January 27, 2027, while the first quarterly filing is due no later than April 30, 2027.
OCC Form PS-01 monitors whether outstanding payment stablecoins remain supported by eligible reserve assets.
The original proposed weekly reporting form contained eight schedules. Following industry feedback, the OCC revised the structure to seven schedules, A through G.
Weekly reporting covers outstanding issuance value, cash balances, Treasury securities, money market mutual funds, repurchase agreements, reverse repurchase agreements, issuance and redemption activity, and other reserve information.
Regulators use these disclosures to examine reserve asset composition, liquidity, redemption metrics, and potential risks arising from changes in outstanding issuance.
How the $1 Billion Threshold Works
The revised OCC framework permits eligible issuers with consolidated outstanding issuance below $1 billion to provide reduced daily-detail reporting for Schedules D through G.
Qualifying issuers must also satisfy specified compliance conditions and must not be subject to certain formal enforcement proceedings or orders.
This threshold does not exempt smaller issuers from submitting weekly reports. Issuers at or above $1 billion generally face the full applicable reporting requirements.
Form PS-02 provides a broader assessment of an issuer's financial condition.
The quarterly reporting forms collect information relating to assets, liabilities, capital, revenue, expenses, reserve asset income, and outstanding stablecoin obligations.
Financial reporting also supports reviews of internal controls, liquidity management, and the issuer's ability to satisfy redemption obligations.
Quarterly submissions require appropriate management certification, including certification by the chief financial officer or an equivalent responsible officer, under the applicable form instructions.
These reports are distinct from the GENIUS Act's public reserve disclosures and any applicable audited annual financial statements.
OCC and FDIC Reporting Responsibilities
The OCC supervises payment stablecoin issuers within its statutory jurisdiction, including applicable federally qualified issuers and registered foreign payment stablecoin issuers.
The Federal Deposit Insurance Corporation (FDIC) supervises permitted payment stablecoin issuers formed as qualifying subsidiaries of FDIC-supervised insured institutions.
In April 2026, the FDIC proposed supervisory standards that included confidential weekly reporting and quarterly financial-condition reporting.
The FDIC framework is separate from the OCC's forms. FDIC-supervised institutions should follow their own regulator's applicable filing instructions rather than assuming OCC Form PS-01 applies automatically.
What Changed in October 2026?
The OCC's October revisions responded to concerns about reporting burden, data accuracy, and operational timelines.
Changes included reducing the weekly form from eight schedules to seven, modifying market-data collection, and allowing qualifying smaller issuers to submit less daily detail.
The OCC also moved the weekly reporting period to Tuesday through Monday, providing additional time before Wednesday submission.
The revised forms remain part of an information collection review under the Paperwork Reduction Act. Their implementation depends on the required approval.
Frequently Asked Questions
Are stablecoin issuers required to submit weekly and quarterly reports?
The OCC's finalized regulatory framework provides for both reporting frequencies. The associated forms are scheduled for implementation in 2027, subject to required approval.
When are weekly stablecoin reports due?
OCC Form PS-01 is due every Wednesday by 5:00 p.m. Eastern Time for the preceding Tuesday-through-Monday reporting period. Federal holiday exceptions apply.
What is the $1 billion stablecoin reporting threshold?
Qualifying OCC-supervised issuers with consolidated outstanding issuance below $1 billion may use reduced reporting for specified schedules. The threshold does not eliminate weekly reporting.
When are quarterly stablecoin reports due?
OCC Form PS-02 must be submitted within 30 days after quarter-end. The first scheduled quarterly report covers March 31, 2027, with a deadline of April 30, 2027.
Does the FDIC require stablecoin issuer reporting?
The FDIC's April 2026 proposal includes weekly confidential reporting and quarterly financial reports for FDIC-supervised permitted payment stablecoin issuers. These requirements are distinct from the OCC reporting forms.
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
