🚨NEW: The @USOCC issued a proposed rule to implement the GENIUS Act today and is seeking public comment. The framework would establish ground rules for permitted and foreign payment stablecoin issuers under OCC supervision, along with certain custody activities. Comptroller Jonathan Gould says the goal is a system where stablecoins can “flourish in a safe and sound manner.” Not included: BSA/AML & OFAC provisions. Those will be addressed separately in coordination with Treasury. ⬇️(Eleanor Terrett)