Why The GENIUS Act May Benefit RWA Tokenization Companies The Most

Key Points

1. The GENIUS Act is the first major crypto legislation passed by the U.S. Congress, offering regulatory clarity for stablecoins and distributed ledger technology (DLT).

2. RWA tokenization companies, like Vertalo, stand to benefit significantly as the Act enables banks to confidently tokenize real-world assets at scale.

3. Paxos highlights that the Act validates its compliant stablecoin products (USDG and PYUSD), which can now serve institutional demand more effectively.

4. The Act promotes collaboration between banks and tech companies, allowing each to focus on their strengths, as seen in partnerships like Paxos' Global Dollar Network.

5. IBM notes that the Act enables stablecoin issuers to target retail payments due to their transparency in settlement, with IBM developing related infrastructure.