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The GENIUS Act bars payment stablecoin issuers from paying yield to holders, while holders of tokenized money market funds still earn it. Pulido expects the two to coexist and…

Pendle
Published: 2026-10-28 14:00 UTC
Collected: 2026-10-29 17:35 UTC
Original language: Not supplied by source
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The GENIUS Act bars payment stablecoin issuers from paying yield to holders, while holders of tokenized money market funds still earn it. Pulido expects the two to coexist and draw closer, with stablecoin issuers able to hold eligible tokenized MMFs in reserve and users switching between them as they need cash.

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