Uniform Labs’ Multiliquid targets structural gap in $35 billion tokenized asset market

The new protocol offers instant swaps between tokenized money market funds and stablecoins as regulators scrutinize yield-bearing stablecoin models. What to know : Uniform Labs has launched Multiliquid, a protocol for instant, 24/7 swaps between tokenized money market funds, other RWAs and stablecoins. The launch comes as the GENIUS Act tightens rules around interest on dollar-backed stablecoins, pushing institutions toward regulated yield-bearing assets. Multiliquid is pitched as a market utility layer to address structural funding and exit constraints in the $35 billion tokenized asset market.