ppsiregistry.com | PPSI Registry Identity

The Registry That Every Stablecoin Issuer Must Pass Through

The GENIUS Act creates four pathways to become a PPSI — a subsidiary of an insured depository institution, a Federal Qualified Payment Stablecoin Issuer approved by the OCC, a State Qualified Payment Stablecoin Issuer, and a Foreign Payment Stablecoin Issuer registered with the OCC.

Every single one of these pathways passes through a single institutional checkpoint: the OCC registry.

For a foreign payment stablecoin to be issued in the US or traded on US custodial platforms, the issuer must register with the OCC and would be subject to essentially the same reporting, supervision, and examination requirements as domestic PPSIs.

This registry requirement is the most consequential single compliance gate in the entire GENIUS Act framework — it determines which stablecoins can legally circulate among US persons and which cannot. Tether, Circle’s foreign operations, Ripple’s RLUSD international issuance, and every non-US stablecoin issuer with US market ambitions must pass through this gate before July 18, 2026.

ppsiregistry.com is the institutional namespace for the registry infrastructure that every PPSI must build to satisfy this requirement — the identity that signals OCC registration readiness, GENIUS Act compliance documentation capability, and institutional-grade registry architecture to every regulator, counterparty, and custodial platform that accepts payment stablecoins.

Why Every Stablecoin Issuer Needs a Registry Identity, How the PPSI Registry Architecture Works, and The Registry Ecosystem

The OCC’s 376-page Notice of Proposed Rulemaking establishes a comprehensive regulatory framework for the licensing and supervision of OCC-regulated PPSIs and foreign payment stablecoin issuers — including application requirements for any entity that seeks to become an OCC-licensed issuer, reserve composition, capital and liquidity standards, governance and risk management, custody, reporting, supervisory fees, and enforcement.

This is the most comprehensive stablecoin regulatory framework ever proposed by a US federal agency — and it creates a precise registry documentation requirement for every issuer.

The OCC is considering a “one issuer, one brand” model with a streamlined application process for affiliates of already-approved issuers — requiring legal separation but permitting shared back-office functions and risk management frameworks.

This “one issuer, one brand” model means every legal entity issuing a payment stablecoin needs its own registry documentation — creating immediate demand for registry infrastructure that tracks issuer identity, brand authorization, and affiliate relationships simultaneously.

The OCC rulemaking will likely be the most far-reaching federal rulemaking among those issued by federal banking agencies — because the OCC will be the regulator of PPSIs that are subsidiaries of OCC-supervised insured depository institutions, federally licensed PPSIs that are nonbank entities, uninsured national banks, federal branches of foreign banks, and registered foreign payment stablecoin issuers.

The FDIC BSA Rule of May 22, 2026 added a fifth registry layer: every PPSI registered with the OCC must also demonstrate BSA, AML/CFT, and sanctions compliance documentation — making the PPSI registry a multi-dimensional compliance record, not merely a licensing database.

How the PPSI Registry Architecture Works

The PPSI registry operates through three simultaneous documentation layers that ppsiregistry.com addresses directly.

The licensing layer records the formal OCC approval status of every PPSI — FQPSI, SQPSI, or Foreign Issuer — with the associated licensing conditions, permitted activities, and regulatory restrictions that define each issuer’s operational scope under the GENIUS Act.

The reserve attestation layer maintains the monthly CEO-certified reserve composition records that every PPSI must submit — documenting 1:1 backing with permitted reserve assets in a format that satisfies OCC examination standards and is accessible to the Federal Reserve, FDIC, and FinCEN simultaneously.

The compliance documentation layer maintains the AML/CFT program records, sanctions screening attestations, and BSA compliance documentation that the FDIC BSA Rule of May 22, 2026 requires — creating a comprehensive registry record that satisfies every federal regulator’s examination requirements in a single institutional identity.

ppsiregistry.com is the institutional portal for this three-layer architecture — the compliance identity, the PPSI registry brand, and the legal anchor for any institution building OCC-compliant PPSI registry infrastructure before the July 18, 2026 deadline.

ppsiregistry.com provides the Web2 portal identity — the brand that appears in every OCC licensing application, every FDIC examination submission, and every FinCEN BSA compliance filing that references the PPSI registry standard.

The PPSI Registry Ecosystem

ppsiregistry is the licensing governance core of the PillarsX PPSI namespace. It connects directly to fqpsi.com/.eth — the Federal Qualified Payment Stablecoin Issuer identity that ppsiregistry validates and documents — and to sqpsi.com/.eth as the State Qualified Payment Stablecoin Issuer identity whose state certification records ppsiregistry maintains.

Beyond the PPSI cluster, ppsiregistry integrates with ppsigateway.com/.eth as the gateway that validates PPSI registry status before granting Federal Reserve payment access, permittedreserves.com/.eth as the reserve asset standard whose compliance ppsiregistry documents, and stablecoindisclosure.com/.eth as the disclosure regime whose reward program records ppsiregistry maintains alongside licensing documentation.

The OCC’s proposal offers the most detailed federal stablecoin rulemaking to date and will reshape competition among issuers, banks, and fintech companies — by addressing licensing, permitted activities, reserves, redemption, capital, risk management, and supervision in a single proposal, the OCC has set a benchmark that will guide FDIC, Federal Reserve, and state rulemakings under the GENIUS Act.

ppsiregistry provides the institutional namespace for the compliance infrastructure that makes this benchmark operationally documented — the registry identity that every PPSI needs before the OCC Final Rules promulgation deadline of July 18, 2026 — after which the GENIUS Act takes effect on the earlier of January 18, 2027 or 120 days after Final Rules are issued.