# ABA Criticizes OCC Stablecoin Rule as Industry Groups Split on Yield By Riza Dagoc Canonical URL: https://www.tokenpost.com/news/regulation/37795 Published: 2026-10-22T11:42:43.000Z Updated: 2026-10-22T11:42:43.000Z Section: Regulation > The ABA argues issuers may still route rewards through third parties. The Blockchain Association endorsed the specific change to the yield presumption as closer to the statute’s wording. The American Bankers Association (ABA) criticized the Office of the Comptroller of the Currency’s (OCC) final GENIUS Act rules, arguing that issuers can still route stablecoin rewards through third parties. The Blockchain Association supported the OCC’s decision to remove a proposed presumption against some arrangements, while the Bank Policy Institute largely aligned with the ABA’s concerns. At issue is the OCC’s removal of a proposed presumption that certain third-party reward arrangements would violate the law’s ban on yield payments. The ABA argues that issuers could provide economically similar returns through affiliates, exchanges or other distributors while complying with a narrow reading of the prohibition. The association warned that the change could weaken the distinction between payment stablecoins and bank deposits, putting at risk funds banks use to make loans. The Blockchain Association approved of the specific change, saying it brought the final rule closer to the statute’s wording. The Bank Policy Institute largely aligned with the ABA, warning that leaving out the presumption creates uncertainty and risks deposit flight from banks. The dispute follows the OCC’s [final rule removing a proposed presumption against third-party stablecoin rewards](). The rules cover payment stablecoin issuance and custody. Stablecoin rewards were debated during consideration of the GENIUS Act and after Congress passed it in July 2025. The issue also remains part of discussions around the Digital Asset Market Clarity Act, which is in limbo after a failed Senate procedural vote in September. The OCC completed its rulemaking ahead of the GENIUS Act’s implementation in January 2027. The Federal Reserve and Treasury are also expected to issue stablecoin rules within their areas of authority. ## Links in this article - [final rule removing a proposed presumption against third-party stablecoin rewards](https://www.tokenpost.com/news/regulation/37511)