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 competitive returns would be lost if yield were prohibited. A new report from the White House Council of Economic Advisers (CEA) finds that banning stablecoin yield would have minimal effect … Continue reading White House Study Debunks Stablecoin Threat to Banks