Circle proposed six principles for stablecoin regulation: separate regulation from tokenized deposits, and strengthened systemic risk management.
CoinFeed reported on May 5th that stablecoin issuer Circle submitted a comment document to the U.S. Office of the Comptroller of the Currency (OCC), offering suggestions on the implementation details of the GENIUS Act, focusing on the regulatory structure and institutional-grade risk management framework for payment-based stablecoins. This act establishes the first dedicated regulatory system for payment stablecoins in the U.S., with the OCC's proposed rules covering reserve management, information security, and 24/7 operational requirements, considered a significant regulatory milestone for digital payment infrastructure. In its document, Circle stated that stablecoins have gradually become an integral part of the global financial system and need to meet the standards of being "redeemable, transparent, trustworthy, and possessing institutional-grade risk control."