White House Report Finds Stablecoin Yield Poses Limited Risk to Banks
Senator Thom Tillis has been pressuring the White House to release report data to inform ongoing stablecoin yield negotiations.
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tl;dr
A White House Council of Economic Advisers report finds that allowing stablecoin yield poses minimal risk to bank deposits, potentially shifting the debate over pending crypto market structure legislation.
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TTThom TillisR-North Carolina
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