Here's the humanized rewrite:Recent chart analysis from Matrixport suggests the GENIUS Act will probably prohibit stablecoin providers from paying interest or returns to users. This shift is driving capital toward alternatives such as tokenized money market funds that continue generating yields. Over the past six weeks, USDC has seen approximately $6.50 billion in net redemptions—a trend that's squeezed liquidity and dampened short-term buying momentum across the crypto market. Meanwhile, investors are rotating out of stablecoins into traditional safe havens like gold and silver, which further tightens supply. In response, Circle is changing course: rather than focusing on market cap growth, the company is prioritizing real transaction volume by launching the Circle Payment Network and partnering with firms like Intuit to expand practical stablecoin adoption and everyday payments.
PANews reported on January 28th that Matrixport's chart analysis today suggests the GENIUS Act is expected to prohibit stablecoin providers from paying interest or returns to holders. Funds may therefore shift to yield-generating alternatives such as tokenized money market funds. USDC has seen net redemptions of approximately $6.5 billion over the past six weeks, leading to a contraction in stablecoin liquidity and weakening short-term buying power in the crypto market.
Meanwhile, funds are flowing out of stablecoins and into traditional safe-haven assets such as gold and silver, further contracting the supply of stablecoins. Correspondingly, Circle is shifting its focus from "market capitalization" to "trading activity," and through initiatives like the Circle Payment Network and collaborations with companies like Intuit, it is promoting the use and payment of stablecoins in real-world scenarios.
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