The US GENIUS Act is anticipated to catalyze stablecoin adoption while also steering capital towards the tokenization market as investors look for yield. Will Beeson, a former Standard Chartered executive and founder of Uniform Labs, emphasized that the blanket ban on yield-bearing stablecoins will drive institutions to seek compliant alternatives for earning yields. He noted that trillions of dollars in non-interest-bearing stablecoins are expected to shift towards the digital finance space. Uniform Labs is developing Multiliquid, a liquidity layer that allows real-time conversion between tokenized assets and stablecoins. Beeson also pointed out that tokenization can democratize access to investment opportunities, particularly in asset classes like real estate and private equity, traditionally limited to wealthier investors. The tokenization market has already seen significant growth, with expectations that it will encompass a broader array of assets beyond just private credit and government bonds.

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