BREAKING: OCC Proposes New Stablecoin Rules: Here's What You Need to Know The U.S. Banking Regulator Wants to: → Ban stablecoin yield & rewards → Crack down on white-label issuance (Paxos, Stripe's Bridge) → Block indirect rewards, even through Coinbase & PayPal PayPal's $PYUSD & Coinbase reward programs directly at risk. Banks lobbied hard for this, stablecoin rewards were stealing their deposits. 60-day comment period is open. Final rules expected by Jan 2027.