GENIUS Act, Stablecoins, and Europe’s Settlement Future (with Nasir Zubairi, LHoFT)

In Episode 5 of The Final Block, Georges Bock speaks with Nasir Zubairi, CEO of LHoFT and member of the EU Blockchain Observatory Forum, about the external forces reshaping Europe’s market infrastructure.

The conversation focuses on the US GENIUS Act and why it could accelerate US dollar stablecoins as a core settlement asset, with knock-on effects for Europe’s competitiveness, monetary sovereignty, and capital markets plumbing.

Key takeaways

• Why the GENIUS Act could lock in demand for US dollar stablecoins

• The difference between stablecoins as payment tools vs settlement infrastructure

• Why tokenised money market funds may become a pivotal liquidity use case

• What Europe (and Luxembourg) can do next to avoid infrastructure dependence

• Why “manage risk” beats “eradicate risk” when building new rails

If you work in funds, banking, market infrastructure, regulation, or fintech, this episode is a practical lens on what’s coming next.