Crypto World News reports that, according to a tweet from Coin Bureau: White House economists stated that profit incentives related to stablecoin activities are unlikely to cause bank deposit outflows or harm the banking system. A new report indicates that banning stablecoin yields would only increase loans by 0.2% (about $2.1 billion), primarily benefiting large banks rather than community lending institutions. Economists say the benefits of the ban are "hard to believe" and have "little effect" on protecting loans.

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