While the GENIUS Act offers clear benefits, such as expanding global access to the US dollar through stablecoins, some of its restrictions paradoxically create new avenues for growth in other areas of the crypto industry. Specifically, the Act prohibits stablecoin issuers from paying interest to stablecoin holders. This limitation creates problems for institutions and sophisticated investors constantly seeking yield-bearing opportunities. Luckily for them, decentralized finance (DeFi) offers a vast array of mechanisms that can generate returns
source: https://beincrypto.com/genius-act-stablecoin-yield-defi-impact/