Circle urges unified global stablecoin standards in OCC comments to ensure interoperability and fair competition.

Circle submitted comments to the U.S. Office of the Comptroller of the Currency (OCC) advocating for global, unified standards for payment stablecoins under the proposed GENIUS Act framework. The company emphasized the importance of stablecoins remaining fungible and transferable across platforms to avoid fragmented ecosystems and regulatory arbitrage. Circle also called for a level playing field for all issuers, whether banks or nonbanks, to promote fair competition. This move highlights ongoing regulatory debates that will shape the future of dollar-backed stablecoins and their role in global digital payments.