🚨BREAKING: WHITE HOUSE SAYS STABLECOIN YIELD WON’T HURT BANKS

White House economists say rewards tied to stablecoin activity are unlikely to drain deposits or damage banks.

A new report says banning yield would boost lending by just 0.02% (~$2.1B), mostly benefiting large banks, not community lenders.

Economists say the benefits of a ban are “simply implausible” and would “do very litttle” to protect lending.

This directly challenges claims from banking groups warning of up to $1.3T in deposit losses if stablecoins are allowed to offer yield.

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