Tag: financial policy
White House Study Debunks Stablecoin Threat to Banks
Eliminating stablecoin yield increases bank lending by just $2.1B, or 0.02%. Most stablecoin reserves remain in banks, limiting impact on credit creation. Consumer access to…
Stablecoin Yield Debate Grows as Banks Push Back on Clarity Act Rules
U.S. banks oppose stablecoin yield sharing in the Clarity Act, citing risks to traditional bank deposits. Stablecoins backed by U.S. Treasuries generate 4–5% yield, higher…
