Imagine holding crypto worth thousands, only for regulatory fog to freeze markets. Treasury's Scott Bessent just lit a fire under Congress with the CLARITY Act—could unlock trillions, but banks are digging in.
Banks claim stablecoin yields kill lending. White House crunches numbers: negligible impact, big downsides. Here's the data.
White House economists just poured cold water on stablecoin yield doomsayers. Their report says bank lending holds firm — no trillion-dollar deposit exodus in sight.
Your savings account yield just got a lifeline. White House economists say banning stablecoin rewards won't save banks or boost lending—it's a dud argument from Wall Street whiners.
Imagine stablecoins — crypto's steadiest bucks — finally getting the federal leash they've craved. FDIC's fresh proposal isn't just paperwork; it's the spark for a payments revolution.