More Dollars Onchain, More Ways Into Elara
Photo: Blockchain Reporter
Two things happened in Washington that never mention Elara and still matter to it. The GENIUS Act gave stablecoin issuers a federal licensing path. Then on September 17, the SEC issued its Innovation Exemption . It lets a new kind of venue trade tokenized stocks through automated market makers and liquidity pools. It also exempts the firms supplying those pools with their own capital from being treated as dealers. One makes room for more dollars onchain. The other makes room for more places to spend them. Elara earns its yield in the space between the two.
Source: Blockchain Reporter
