As a clear regulatory framework for stablecoins, the Genius Act also has a significant impact on the RWA sector: the opening of the compliance entry channel of traditional institutions and the rigid demand for stablecoin reserves will directly stimulate the rapid growth of U.S. bond RWAs.
This has led to significant growth in the L1 Plume network built for RWAfi: RWA holders and network TVL have increased by more than 50% in the past 30 days, with RWA holders reaching 158,000 and TVL reaching $156 million.
Stablecoins are about to change everything.
On @CNBC, our CEO @chriseyin explains how the GENIUS Act could unlock a DeFi boom, and why clear legal protections for users will be crucial.
📺 Watch here:
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