The GENIUS Act aims to reshape stablecoin regulation by separating interest-bearing stablecoins from payment-focused ones, aligning with EU’s MiCA. Major players like Mastercard and PayPal are exploring compliant stablecoin use, while tokenized money market funds offer investors 4-5% yields. Retail adoption is crucial for stablecoin integration, with growing momentum in retail and B2B payment integrations.

Stablecoin issuers are pivoting towards utility features like real-time settlement and low transaction costs post-GENIUS Act. The shift towards utility was already underway, with payment-focused stablecoin usage rising 67%. DeFi protocols stand to benefit from this clarity, offering compelling use cases to capture stablecoin demand. Retail adoption remains vital for stablecoin integration, with platforms focusing on real-world applications and scalability.

Read more at Cointelegraph: GENIUS Act Spurs Shift to Payment Utility in Stablecoins