GENIUS Act Will Drive Institutional Shift Towards Tokenized Assets

The recently passed US GENIUS Act is expected to significantly boost the adoption of stablecoins, both within the US and globally. However, this legislation goes beyond just increasing demand for dollar-backed stablecoins. It also introduces a ban on yield-bearing stablecoins, prohibiting holders from earning interest on their digital assets. This restriction is predicted to trigger a major reallocation of capital.