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EXCLUSIVE: WAX & Tether Co-Founder Reveals How the GENIUS Act Will Supercharge Global Financial Tokenization

EXCLUSIVE: WAX & Tether Co-Founder Reveals How the GENIUS Act Will Supercharge Global Financial Tokenization

Published:
2025-08-03 13:54:47
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Interview | WAX and Tether co-founder on the impact of the GENIUS Act on the tokenization of the global financial markets

The GENIUS Act isn't just legislation—it's a wrecking ball for traditional finance's rusty gates. We sat down with the architect behind two blockchain giants to unpack what's coming.

Tokenization's Big Bang Moment

Wall Street's paper-pushers won't admit it, but asset tokenization just got its killer app. The GENIUS Act's regulatory clarity cuts through 80 years of financial bureaucracy like a hot knife through bureaucratic butter.

Global Domino Effect

From Singapore's sandbox to the EU's MiCA framework, everyone's been playing catch-up. Now the US just threw down the gauntlet—expect sovereign wealth funds to start tokenizing everything but their national pride (and even that's negotiable at the right yield).

The Ironic Twist

Here's the kicker: the same banks that mocked crypto for years are now scrambling to build tokenization desks. Nothing motivates innovation like the fear of missing out on a 24/7 revenue stream while your competitors eat lunch.

|Square

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