(b) .— Regulation by the Comptroller

Notwithstanding section 5136C of the Revised Statutes (), section 6 of the Home Owners’ Loan Act (), or any applicable State law relating to licensing and supervision, a Federal qualified payment stablecoin issuer approved by the Comptroller pursuant to section 5 of this Act shall be licensed, regulated, examined, and supervised exclusively by the Comptroller, which shall have authority, in coordination with other relevant primary Federal payment stablecoin regulators and State payment stablecoin regulators, to issue such regulations and orders as necessary to ensure financial stability and implement subsection (a).

is amended adding “(3) .— Regulation of federal qualified payment stablecoin issuers The Comptroller of the Currency shall, in coordination with other relevant regulators and consistent with section 13 of the GENIUS Act, issue such regulations and orders as necessary to ensure financial stability and implement section 4(a) of that Act.” Section 324(b) of the Revised Statutes ()byat the end the following:.