White House Crypto Advisor Counters Jamie Dimon's Stablecoin Yield Logic

White House Crypto Advisor Counters Jamie Dimon's Stablecoin Yield Logic Authored by Danny Park via The Block, Patrick Witt, the executive director of the President’s Council of Advisors for Digital Assets, made a statement in response to JPMorgan CEO Jamie Dimon's recent comment on stablecoin yields. Earlier this week, Dimon said in an interview with CNBC that platforms that pay yield on stablecoins should be regulated like banks, arguing that "holding balances and paying in...

By Tyler Durden