Georgia State law professor Todd Phillips joins RegFi co-hosts Jerry Buckley and Caroline Stapleton to break down the newly enacted GENIUS Act framework for payment stablecoins. The conversation explores whether regulators will curb "yield-evasion," how capital and BSA/AML expectations could apply to secondary-market transfers and why tokenized deposits may offer banks a cleaner path than issuing stablecoins themselves.

Links:

• U.S. Treasury RFI on Payment Stablecoins
• Orrick Blockchain & Digital Assets
• Orrick Financial & Fintech Advisory
• RegFiPodcast.com