Banks want more time on stablecoin rules in US
They asked for pause on GENIUS Act comment period
They say they need to wait until OCC finishes its rule
Bank groups believe many proposals depend on that rule
Agencies involved include Treasury FDIC and OCC
They say the system is complex and still forming
They asked for at least sixty days after OCC rule is complete
They want to review all rules together before responding
Crypto and banking groups are still debating stablecoin control
This debate has slowed other digital asset laws in US
GENIUS Act is expected to guide stablecoin rules by 2027
Banks say careful review is needed for safe financial system
Regulators are working on different parts at the same time
They say coordination is important for long term stability of digital money system
This discussion shows how regulation is still shaping future of stablecoins in US.