OCC Selects Metrika to Support U.S. Stablecoin Regulatory Framework Under GENIUS Act
The Office of the Comptroller of the Currency awarded Metrika, Inc. a federal contract to provide consultant services for stablecoins and digital asset payments. The agreement, which took effect in August 2026, runs for an initial six-month base period, with the regulator holding an option to extend it for an additional six months.
Under the award, Metrika will supply technical expertise to help the agency build a supervisory framework under the Guiding and Establishing National Innovation for U.S. Stablecoins, or GENIUS, Act. As digital payment activities expand, federal authorities are strengthening their monitoring of blockchain risks, tokenized assets, and financial infrastructure.
Looking ahead, financial institutions will watch how the regulatory framework takes shape under the new legislation and whether the agency exercises its option to extend the advisory contract into 2027.
Key points
- The OCC awarded Metrika, Inc. a contract for stablecoin consulting services, effective August 17, 2026.
- The agreement includes a six-month base period with a six-month extension option at the agency's discretion.
- Metrika will assist in building a supervisory framework to ensure compliance with the GENIUS Act.
- The contract was awarded via limited competition to provide digital asset risk and payment expertise.
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How we writeDisclaimerQuestions and answers
Why did the OCC award a contract to Metrika?
The OCC selected Metrika to supply subject-matter expertise on stablecoin and digital asset payments to build a supervisory framework under the GENIUS Act.
How long is Metrika's contract with the OCC?
The contract features a six-month base period starting August 17, 2026, with a six-month option period exercisable at the OCC's discretion.
What is the GENIUS Act?
The GENIUS Act, or Guiding and Establishing National Innovation for U.S. Stablecoins Act, is legislation setting up a regulatory framework for stablecoins.