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Opinion: The GENIUS Act promotes the shift of stablecoins towards payment applications, which may give rise to a wave of "killer applications."
BlockBeats news, on July 27, Sygnum Chief Investment Officer Fabian Dori stated that the GENIUS bill will change the landscape of stablecoins, pushing issuers from a revenue-driven model to payment use cases. The revised bill clearly distinguishes between interest-bearing stablecoins and payment stablecoins, bringing the U.S. framework closer to the EU MiCA regulations and laying the foundation for global Consensus. Dori believes that regulatory clarity will spur institutions to develop innovative "killer applications," creating a new demand for payment services. (Cointelegraph)