The World of Stablecoins Post-GENIUS Act

“The Genius Act says no yield and they mean it.” - Benjamin, Founder, CAP Labs The GENIUS Act is shaking up stablecoins with new rules banning retail yield and enforcing issuer qualifications. Most decentralized models are now considered non-compliant. Builders are dropping the term “stablecoin” and experimenting with new labels like “digital dollars.” CAP's CUSD uses tokenized assets from Franklin Templeton and PayPal to stay compliant while enabling zero-slippage swaps. A new regulatory playbook for crypto-native money. This talk shows why calling your product a “synthetic dollar” might be the smartest legal move. --- 00:00 GENIUS Act Overview 00:31 Legacy Stablecoins Are Dead 01:35 No Yield, No Hackathon Coins 02:30 Rise of T-Bill Wrappers 03:30 Compliant vs Non-Compliant Models 04:27 Dropping the ‘Stablecoin’ Label 05:24 Big Players and Stablecoin Rush 06:16 The Fee Race to the Bottom 07:14 CUSD and Compliant Collateral 08:14 Yield via Open Protocols 09:08 Final Thoughts on Regulation --- Explore Upcoming Events 👇 ➣ Stable Summit III: Devconnect • Website: https://www.stablesummit.xyz/ • Email: info@stablesummit.xyz • Apply to Speak/Sponsor: https://partyactionpeople.typeform.com/devconnect2025?typeform-source=www.stablesummit.xyz ➣ Stablecoin Summit: Singapore by XREX & Unitas • Website: https://stablecoinsummit.com/ • Email: team@stablecoinssummit.com • Apply to Speak/Sponsor: https://partyactionpeople.typeform.com/stblcoin3?typeform-source=stablecoinsummit.com ➣ Blockchain Oracle Summit: Devconnect • Website: https://blockchainoraclesummit.io/ • Email: info@partyactionpeople.com • Apply to Speak/Sponsor: https://partyactionpeople.typeform.com/BOS25apply ➣ Listen to the Stable School Podcast Link: https://stableschool.org/podcast ➣ Follow Stable Summit on X Link: https://x.com/stable_summit — About: By Stake Capital Group and Party Action People, and presented by Curve Finance, Stable Summit has been gathering leaders in stablecoins almost quarterly since 2023. Our content is curated through hours of one-on-one research with the leading minds in the stablecoin space. Each program is a highlight reel of what leaders in stables are curious about in real time. Our audience consistently features the full spectrum of the stablecoin ecosystem, from DeFi protocols to institutions, from stablecoin issuers to central banks, and every llama in between.