{"id":21249,"date":"2025-08-12T08:33:39","date_gmt":"2025-08-12T06:33:39","guid":{"rendered":"https:\/\/kriptomagazin.si\/?p=21249"},"modified":"2025-08-12T08:33:39","modified_gmt":"2025-08-12T06:33:39","slug":"kako-bo-zakon-genius-spremenil-stabilne-kovance-in-sprozil-val-tokenizacije","status":"publish","type":"post","link":"https:\/\/testnamag.si\/staging\/kako-bo-zakon-genius-spremenil-stabilne-kovance-in-sprozil-val-tokenizacije\/","title":{"rendered":"Kako bo zakon GENIUS spremenil stabilne kovance in spro\u017eil val tokenizacije"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"21249\" class=\"elementor elementor-21249\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6ac44a4a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6ac44a4a\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cf7eb51\" data-id=\"cf7eb51\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-73e21c97 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"73e21c97\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Ameri\u0161ki <\/span><b>zakon GENIUS<\/b><span style=\"font-weight: 400;\"> bi lahko postal klju\u010dni katalizator za \u0161ir\u0161o uporabo stabilnih kovancev tako v ZDA kot po svetu. Vendar pa bi lahko njegova dolo\u010dba, ki prepoveduje obrestne stabilne kovance, spro\u017eila nepri\u010dakovan u\u010dinek \u2013 preusmeritev bilijonov dolarjev v trg tokeniziranih realnih sredstev (RWA).<\/span><\/p><p><span style=\"font-weight: 400;\">To je eno izmed glavnih sporo\u010dil nedavnega intervjuja z Willom Beesonem, nekdanjim direktorjem pri Standard Chartered in ustanoviteljem podjetja Uniform Labs, ki razvija institucionalne likvidnostne re\u0161itve za tokenizirane finan\u010dne trge.<\/span><\/p><h2><b>Prepoved obrestnih stabilnih kovancev kot pospe\u0161evalec tokenizacije<\/b><\/h2><p><span style=\"font-weight: 400;\">Osrednji \u010dlen <b>zakona <\/b><\/span><b>GENIUS <\/b><span style=\"font-weight: 400;\">\u00a0je popolna prepoved obrestnih stabilnih kovancev, kar pomeni, da imetniki ne bodo mogli prejemati obresti na svoje digitalne dolarje. Po Beesonovih besedah bo to pospe\u0161ilo selitev kapitala v tokenizirana sredstva, kjer lahko vlagatelji \u0161e vedno ustvarjajo donos na zakonit in likviden na\u010din.<\/span><\/p><p><span style=\"font-weight: 400;\">\u00bbInstitucionalni vlagatelji ne bodo sedeli na neobrestovanih, razvrednotenih sredstvih. Zahtevali bodo donos \u2013 in infrastrukturo, ki bo omogo\u010dala skladno dostopanje do njega,\u00ab je dejal Beeson.<\/span><\/p><h2><b>Inovacije v institucionalni likvidnosti<\/b><\/h2><p><span style=\"font-weight: 400;\">Uniform Labs razvija <\/span><b>Multiliquid<\/b><span style=\"font-weight: 400;\">, institucionalno likvidnostno plast za tokenizirane trge, ki omogo\u010da programabilno in takoj\u0161njo pretvorbo med tokeniziranimi sredstvi (npr. ameri\u0161kimi dr\u017eavnim obveznicami, denarnimi skladi) in stabilnimi kovanci.<\/span><\/p><p><span style=\"font-weight: 400;\">Odprta arhitektura sistema omogo\u010da skladnim izdajateljem integracijo brez komercialnih pogodb, kar pove\u010duje dostopnost in interoperabilnost.<\/span><\/p><h2><b>Tokenizacija kot prihodnost digitalnih sredstev<\/b><\/h2><p><span style=\"font-weight: 400;\">Po mnenju Sandre Waliczek iz Svetovnega gospodarskega foruma <b>zakon <\/b><\/span><b>GENIUS <\/b><span style=\"font-weight: 400;\">\u00a0ne prina\u0161a le legitimnosti stabilnim kovancem, temve\u010d odpira vrata za \u0161ir\u0161o tokenizacijo. To vklju\u010duje razdrobljeno lastni\u0161tvo nepremi\u010dnin, zasebnega kapitala, korporativnih obveznic, surovin in drugih sredstev, ki so bila zgodovinsko dostopna le premo\u017enej\u0161im vlagateljem.<\/span><\/p><p><span style=\"font-weight: 400;\">Tokenizacija tako omogo\u010da razbijanje premo\u017eenja na manj\u0161e, dostopnej\u0161e enote, kar pove\u010duje finan\u010dno vklju\u010denost in ustvarja nove prilo\u017enosti na globalnem trgu.<\/span><\/p><h2><b>Zakon <\/b><b>GENIUS kot dvosmeren katalizator<\/b><\/h2><p><span style=\"font-weight: 400;\">\u010ceprav <\/span><b>GENIUS zakon<\/b><span style=\"font-weight: 400;\"> omejuje obrestne stabilne kovance, bo dolgoro\u010dno verjetno spodbudil rast tokenizacije. Institucije bodo iskale na\u010dine za ustvarjanje donosa na skladne in varne na\u010dine, kar bo pospe\u0161ilo razvoj infrastrukture za tokenizacijo realnih sredstev.<\/span><\/p><p><span style=\"font-weight: 400;\">Naslednje leto bo pokazalo, ali bo ta zakon res postal prelomnica, ki bo preoblikovala tako trg stabilnih kovancev kot tudi \u0161ir\u0161i ekosistem digitalnih financ.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f38619 elementor-widget elementor-widget-text-editor\" data-id=\"6f38619\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f2e6eb4 elementor-widget elementor-widget-heading\" data-id=\"f2e6eb4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title 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Vendar pa bi lahko njegova dolo\u010dba, ki prepoveduje obrestne stabilne kovance, spro\u017eila nepri\u010dakovan u\u010dinek \u2013 preusmeritev bilijonov dolarjev v trg tokeniziranih realnih sredstev (RWA). To je eno izmed glavnih sporo\u010dil nedavnega intervjuja z Willom Beesonem, nekdanjim [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":33616,"comment_status":"closed","ping_status":"open","sticky":false,"template":"elementor_theme","format":"standard","meta":{"footnotes":""},"categories":[116,118],"tags":[],"class_list":["post-21249","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-kripto-novice","category-politika"],"jetpack_featured_media_url":"https:\/\/testnamag.si\/staging\/wp-content\/uploads\/2025\/08\/NASLOVNA-SLIKA-NOVICE-31.jpg","_links":{"self":[{"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/posts\/21249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/comments?post=21249"}],"version-history":[{"count":0,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/posts\/21249\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/media\/33616"}],"wp:attachment":[{"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/media?parent=21249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/categories?post=21249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testnamag.si\/staging\/wp-json\/wp\/v2\/tags?post=21249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}