White House study bolsters crypto’s stance in stablecoin yield fight against bankers

White House economists said banning rewards wouldn’t significantly boost banks’ financial health, amplifying the crypto industry view in the Clarity Act debate. What to know: A White House report released Wednesday directly challenges the banking industry’s claims that stablecoin yields would drain deposits and weaken lending to households and small businesses. […] The post White House study bolsters crypto’s stance in stablecoin yield fight against bankers appeared first on Activist Post.

Source: https://www.activistpost.com/white-house-study-bolsters-cryptos-stance-in-stablecoin-yield-fight-against-bankers/

Author: Editor