On July 27, Fabian Dori, Chief Investment Officer of Sygnum, stated that the GENIUS Act will change the stablecoin landscape, driving issuers from a yield-oriented model to payment use cases. After revision, the act clearly distinguishes between interest-bearing stablecoins and payment stablecoins, making the U.S. framework closer to the EU's MiCA regulation and laying the foundation for a "global consensus". Dori believes that regulatory clarity will inspire institutions to develop innovative "killer applications" and create demand for entirely new payment services. (Cointelegraph)
Opinion: The GENIUS Act promotes stablecoins to payment applications, or spawns a wave of "killer applications"
This article is machine translated
Show original
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content





