📜 The GENIUS Act unlocks stablecoins for payments, remittances, and DeFi yields, but without a complementary onchain capital markets policy, the U.S. risks financial instability, regulatory gaps, and unequal access to opportunity. From our vantage at the forefront of RWAfi, we lay out actionable recommendations for policymakers to build a safer, more innovative onchain financial system, one that channels stablecoin capital into productive uses like SME lending and community reinvestment. 🇺🇸 Read our full commentary:

2/ For America to lead in onchain finance and RWA innovation, we need policies that match the ambition of GENIUS. That means: 1️⃣ Establishing clear regulatory pathways for permissionless, tokenized real world assets, enabling issuers, banks, and innovators to bring offchain assets onchain through SEC clarity, banking guidance, and innovation exemptions. 2️⃣ Aligning financial regulators around a consistent framework to manage the unique risks of onchain finance, promoting best practices in smart contract security, transparency, and market integrity. 3️⃣ Creating targeted incentives to channel capital into productive sectors, including tax benefits for lending to small and medium-sized businesses and investments in underserved communities, amplifying the economic impact of onchain capital formation.

The GENIUS Act shows what’s possible when policy meets innovation. With the right next steps, the U.S. can lead the world in onchain finance, unlocking opportunity, liquidity, and growth for all. 🇺🇸 The future of Plumerica starts now.