The US GENIUS Act: stablecoin game-changer or tokenization’s Trojan horse? While poised to ignite stablecoin adoption in the US and beyond, this landmark legislation might inadvertently fuel a stampede into tokenized assets as yield-hungry investors chase returns.
Will Beeson, the mind behind Uniform Labs, a company forging institutional liquidity in tokenized finance, recently dropped a truth bomb. The former Standard Chartered exec, now CEO, revealed a key insight in a recent interview that’s sending ripples through the industry.
The GENIUS Act’s most controversial clause? A flat-out ban on interest-bearing stablecoins. Imagine digital dollars locked in a vault, unable to generate a single penny. Beeson believes this freeze will trigger a capital exodus, pushing investors towards the greener pastures of tokenized real-world assets (RWAs).
An excerpt of US President Donald Trump’s GENIUS Act fact sheet. Source: White House
“The stablecoin yield drought leaves institutions parched, but a new oasis is emerging. Capital is already flowing towards compliant alternatives that offer both liquidity and returns,” Beeson revealed to Cointelegraph.
Trillions in stablecoins are about to flood the digital finance landscape, and they’re not here to sit still. As one expert observed, these aren’t your grandpa’s savings bonds collecting dust. Institutional investors are poised to unleash this capital, but they demand one thing: yield, and a compliant pathway to get it.
Forget digital dust bunnies. The future isn’t about stablecoins gathering cobwebs in your crypto wallet. It’s about tapping into risk-free returns, on demand. Imagine a world where you can instantly shift between the safety of cash and premium, high-performing assets, like flicking a switch. That’s the power we’re unlocking.
Aptos Labs’ Solomon Tesfaye seconds Beeson’s sentiment, telling Cointelegraph the GENIUS Act could unlock a tidal wave of innovation for tokenization, mirroring its potential impact on stablecoins.
Imagine a world where tokenized assets flow as freely as water. Beeson’s Uniform Labs is building that world with Multiliquid: the institutional backbone for tokenized markets. Multiliquid unlocks instant, programmable conversion between assets like US Treasurys, money market funds, and stablecoins, ushering in a new era of liquidity and efficiency.
Tokenized Treasury and money market funds have witnessed significant growth in 2025. Source: Glassy Nakamoto
Multiliquid’s open-architecture design allows compliant issuers to integrate without commercial agreements.
Uniform Labs is staying tight-lipped on specific partnerships, but whispers are circulating that the company is collaborating with key players across the financial landscape. Beeson confirmed that Uniform Labs is working with industry giants, cutting-edge fintech innovators, and prominent stablecoin issuers, all gearing up for its highly anticipated production launch later this year.
Before founding Uniform Labs, Beeson spearheaded product innovation at Libeara, a tokenization platform born from the cutting-edge SC Ventures incubator at Standard Chartered.
Related: Tokenized money market funds emerge as Wall Street’s answer to stablecoins
Tokenization surge to broaden beyond private credit, government bonds
While the GENIUS Act validates stablecoins (and, by extension, the entire digital currency landscape), the real revolution is brewing elsewhere: asset tokenization. According to Sandra Waliczek, a key voice at the World Economic Forum’s blockchain and digital asset think tank, the future isn’t just digital currency; it’s the digital representation ofeverything.
Waliczek argues tokenization could democratize investment, unlocking access to lucrative markets like real estate and private equity, traditionally reserved for high-net-worth individuals.
“Tokenization changes this by enabling asset fractionalization, breaking assets into smaller, more affordable units,” she wrote.
A snapshot of the nearly $26 billion tokenization market. Source: RWA.xyz
Right now, tokenization’s $26 billion footprint is mostly on private credit and government bonds. But think bigger. Beeson sees this as just the beginning. The real revolution will swallow corporate bonds, commodities, equities, real estate, and even private equity itself. Imagine turning real estate and PE portfolios into easily traded digital assets. That’s the future Beeson is hinting at, and it’s far more disruptive than what we’ve seen so far.
Related: GENIUS Act scrutinized for stablecoin yield ban as TradFi tokenization gains steam
Thanks for reading GENIUS ban won’t stop institutions from seeking stablecoin yield — ex-Standard Chartered exec
