White House Says Banning Stablecoin Yield Would Hurt Consumers More Than It Helps Banks

The federal government’s own economists at the Whi

White House Says Banning Stablecoin Yield Would Hurt Consumers More Than It Helps Banks

White House Says Banning Stablecoin Yield Would Hurt Consumers More Than It Helps Banks

The federal government’s own economists at the White House have thrown cold water on one of the central justifications for restricting stablecoin returns — and their findings run counter to a provision already written into law.

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