According to BlockBeats, Sygnum's Chief Investment Officer Fabian Dori has stated that the GENIUS Act will significantly alter the stablecoin landscape by shifting issuers from a yield-driven model to a focus on payment use cases. The revised legislation clearly distinguishes between interest-bearing stablecoins and those used for payments, aligning the U. S. framework more closely with the European Union's MiCA regulations and laying the groundwork for a 'global consensus
source: https://www.binance.com/en/square/post/27509872237906?utm_source=BinanceNewsRSS