Last week, the U.S. Congress passed the GENIUS Act, a bipartisan milestone that helps establish a clearer legal footing for digital assets in the U.S. It's a meaningful step toward the kind of regulatory clarity that builders and capital allocators have been asking for, especially as real-world finance moves onchain.
The bill sets out a path for tokens to evolve: starting as securities, then transitioning to commodities as they decentralize and take on real utility. That nuance matters, not just in theory, but in the actual mechanics of how capital flows through tokenized infrastructure. For those of us building at the intersection of regulation, capital markets, and crypto, it's the kind of clarity that can accelerate progress.
At OnRe, we built Onchain Yield Coin (ONyc) to reflect the real value of a real-world market – turning stablecoins into productive collateral that funds regulated reinsurance programs and delivers real yield. ONyc's returns are backed by actual insurance risk, and its structure is designed for transparency, capital efficiency, and alignment with the policy direction we're now seeing.
As private credit and other real-yield sectors lead the rise of tokenized RWAs, stablecoins are becoming credible funding tools. ONyc reflects that shift as an native asset with real-world, fixed-income characteristics, and purpose-built for onchain finance. With a model already structured for compliance and scale, the GENIUS Act reinforces our confidence in scaling: onboarding new collateral partners, expanding access, and increasing underwriting capacity within a regulatory environment that's beginning to catch up.
In the months ahead, we’ll roll out integrations that make ONyc more composable and fluid across ecosystems. These updates will extend its utility and unlock new ways to access capital backed by real risk. The GENIUS Act formally recognizes that some tokens may evolve over time – a meaningful step for assets like ONyc, which are built to grow into real financial instruments that reflect real economic activity.
