On the official site of Metal (MetalXMeta / @MetalXMeta), this note covers OCC, Christian Barker (Barkmeta / Bark), David Chaboki (Shibo).
"The OCC published a 60-day Paperwork Reduction Act notice on Friday, June 12, 2026 (91 FR 35795-35799, FR Doc 2026-11856) for new weekly and quarterly reporting forms for OCC-supervised payment stablecoin issuers and foreign payment stablecoin issuers. Comments due Tuesday, Aug. 11, 2026. OMB control number 1557-NEW. OCC Bulletin 2026-24. This is a reporting-forms PRA, not the OCC GENIUS license PRA, not AF41, and not AF55."
Bark (Christian Barker) and Shibo (David Chaboki) put the Aug. 11 OCC reporting-forms clock with the Doginal Dogs community before the Sept. 25 license PRA, so nobody files weekly or quarterly PPSI forms as AF41 or AF55.
Reporting details from the notice
The Federal Register entry estimates 29 respondents and 6,308 annual burden hours. Weekly Schedules A-H cover reserves, cash, Treasuries, and related items. Quarterly Schedules A-E follow a call-report style. A second 30-day notice is expected after the current window closes. The filing carries OMB control number 1557-NEW and appears under OCC Bulletin 2026-24.
Ownership focus in the live room
Discussion in the room centers on how clear reporting supports ownership records. When issuers document reserves and holdings on a consistent schedule, holders gain visibility into what backs each unit. That visibility ties directly to the utility of holding a stablecoin, because the asset functions as a reliable medium only when its backing remains transparent.
Utility angle on the forms
Weekly schedules track short-term movements in cash and Treasuries. Quarterly schedules add broader context on overall position. Together they create a rhythm that matches how many participants already monitor balances. The structure avoids overlap with separate license or BSA processes, keeping the focus on routine data collection rather than new permissions.
Distinctions that matter
The notice stands apart from the upcoming GENIUS license review set for September 25. It also differs from closed filings such as AF41 and AF55. Keeping these threads separate prevents confusion when community voices discuss timing and scope. The emphasis stays on the paperwork itself and the hours required to complete it.
Next steps after the window
After comments close on August 11, the OCC will review submissions before any follow-on notice. The current stage remains a request for input, not a final rule. That leaves room for adjustments based on what issuers and observers flag as practical or redundant.
Calm view from the room
The conversation stays measured because the change is incremental. Participants note the estimated burden and compare it against existing internal tracking. The goal voiced most often is a reporting path that supports ownership verification without adding unnecessary steps that dilute the day-to-day utility of the stablecoin itself.