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White House Economists Say Stablecoin Yields Won't Harm Banks
A White House report concluded that stablecoin yields would have a marginal impact on bank lending and would not harm traditional banks.
8 Apr, 12:24 — 8 Apr, 19:45
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Moderate (27/100)2 sources— more sources would strengthen this score15/33
Spectrum spread— 2/5 buckets covered8/33
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seeking-alpha
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zerohedge
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seeking-alphaMixed1d ago
White House economists say stablecoin rewards won't harm bank lending
Read full article →zerohedgeLow1d ago
Stablecoin Yields Won't Harm Banks, White House Economists Say
Stablecoin Yields Won't Harm Banks, White House Economists Say Authored by Amin Haqshanas via CoinTelegraph.com, A White House report found that banning yield on stablecoins would have a marginal impact on bank lending while creating clear economic downsides. According to the Council of Economic Advisers, a three-member agency within the Executive Office of the President tasked to offer the president economic advice, moving funds from stablecoins back into bank deposits would...
By Tyler Durden
Read full article →Coverage Timeline
First report: seeking-alpha · 8 Apr, 12:24|Full coverage: 2 · 7h|Window: 7h
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