Economists: Stablecoin Yield Ban Won't Boost Bank Lending
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
White House economists challenge the notion that crypto yields harm traditional banks, stating that a ban on stablecoin yields wouldnt significantly boost lending or stabilize deposits. Their analysis, using Fed and FDIC data, shows that stablecoin reserves flow back into banks, keeping deposits stable. A full yield ban would only add a minor boost to small bank lending.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/3f28d54676513cc0