GENIUS Law Ban Stablecoin Yield, E Boost Ethereum DeFi Surge
On July 18, 2025, President Trump law GENIUS take effect, wey come establish US first federal regulation framework for stablecoins and introduce stablecoin yield ban wey no allow yield-bearing stablecoins. Under GENIUS Act, dem issuers go face KYC/AML checks, reserve custody, third-party audits plus possible issuance caps. The yield ban don push traders and institutions to shift fund from yield-bearing stablecoins go Ethereum DeFi protocols to still get income targets. Data from DeFiLlama show sey Ethereum DeFi dey lead total value locked (TVL), with liquidity pools, lending markets and staking services for Ethereum na main sources for on-chain yield. Industry leaders like Tether co-founder Reeve Collins and CoinFund president Christopher Perkins dey predict sey dem go move from "stablecoin summer" go "DeFi summer." Nasdaq filing to add staking for BlackRock iShares ETH ETF show sey institutional interest for Ethereum DeFi dey grow. Analysts dey expect more DeFi inflows as yield-bearing fiat tokens dey adjust to the new legal environment.
Bullish
Di GENIUS Act no dey ban stablecoin yield likely go make traders dem dey pursue Ethereum native DeFi protocols more as dem dey find other better ways to get yield, e go support ETH price. For short term, di way capital dey move and compliance integration fit cause some wahala, but long term growth for DeFi TVL, institutional staking (like through iShares ETH ETF) plus steady money wey dey come in na good signs wey show say ETH price fit rise.