Stablecoin Yield Ban: White House Report Weighs In
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
White House economists weigh in on stablecoin yields, suggesting a ban wouldnt significantly boost bank lending but would burden users. The report dismisses banks concerns about deposits and lending, while crypto groups argue otherwise. The GENIUS Act, signed in 2025, prohibits stablecoin issuers from paying yields, with the CLARITY Act now facing Senate hurdles amid the yield debate. Lawmakers are moving towards clarity on digital assets.
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