Welcome to the Top 3 Innovating Payments News Headlines for the Week of Monday, March 2, 2026.
First up, the Office of the Comptroller of the Currency (OCC) invites comments on its proposal to implement the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The notice of proposed rulemaking outlines and seeks feedback on the regulations that would apply to permitted payment stablecoin issuers and foreign stablecoin issuers under the OCC's authority.
In other news, Payoneer, a global financial technology company, announced it has filed an application with the OCC to establish a national trust bank designed to support stablecoin-enabled infrastructure for global businesses.
Finally, on Friday, February 13, the RTP network processed 2.05 million payments: the first time it has met or exceeded 2 million transactions in a single day. Additionally, on Wednesday, February 18, the RTP network reached a new single-day record of $8.36 billion.
Read on to learn more.
1. OCC Requests Comments on Proposal to Implement GENIUS Act (OCC)
The Office of the Comptroller of the Currency (OCC) today issued a proposed rulemaking to implement the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The notice of proposed rulemaking generally sets forth, and seeks comment on, the regulations that would apply to permitted payment stablecoin issuers and foreign payment stablecoin issuers under the OCC's jurisdiction, as well as certain custody activities conducted by OCC-supervised entities. (Read more.)
2. Payoneer Files Application for U.S. National Trust Bank Charter to Strengthen Regulated Financial Infrastructure for Global Businesses (Payoneer)
Payoneer, the global financial technology company powering business growth across borders, today announced that it has filed an application with the Office of the Comptroller of the Currency (OCC) to establish PAYO Digital Bank, N.A., a national trust bank designed to support stablecoin-enabled infrastructure for global businesses.
Over the past year, stablecoin adoption has accelerated for real-world businesses that operate globally. This application is a critical next step in Payoneer's strategy to integrate stablecoin capabilities into its global payments ecosystem… (Read more.)
3. Cash Flow Needs from Consumers and Businesses Drive New RTP® Network Volume and Value Records (The Clearing House)
As consumers seek greater control over day-to-day cash flow and businesses demand faster, more flexible liquidity management solutions, the RTP® network is seeing record adoption across both retail and corporate use cases… On Friday, February 13, the RTP network, which carries 98% of all bank-to-bank instant payments volume in the United States, processed 2.05 million payments – the first time the network has met or exceeded 2 million transactions in a single day. The new milestone surpasses the previous record of 1.91 million payments set just one week earlier. In addition, on Wednesday, February 18, the RTP network reached a new single-day value record of $8.36 billion. (Read more.)
Payoneer's recent filing with the OCC for a U.S. National Bank Charter, aimed at supporting stablecoin-enabled infrastructure for global businesses, underscores the growing trend toward stablecoins. As digital assets like stablecoins move toward mainstream adoption, what proactive measures are your financial institution implementing to remain competitive in this evolving landscape?
Check back soon for our next issue, which will highlight the industry's most pressing and essential developments. In the meantime, visit us online at Innovating Payments.
NEACH - New England Automated Clearing House Association is a neutral, member-focused advocate. Our role is to give you the intelligence, context, and connections you need to make informed strategic decisions. We bring together industry leaders, policymakers, and innovators so you can evaluate innovation through the lens of your institution’s mission and market strategy. For more information, visit neach.org.
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AUTHOR: Joe Casali, AAP, NCP
Executive Vice President
As the EVP of Payments Innovation for NEACH, Joe focuses on exploring innovative solutions and technologies that will help position members for success, both now and in the future. Connect with Joe to read more of his blogs, articles, and posts.
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