
🚨CLARIY ACT: WHITE HOUSE ADVISERS REJECT BAN ON STABLECOIN YIELD The White House Council of Economic Advisers has released a study concluding that a ban on stablecoin yield would fail to significantly boost bank lending while actively harming consumers. Official data indicates that eliminating yield would increase lending by a negligible 0.02%, roughly $2.1 billion, resulting in a net welfare loss. The report dismisses "deposit flight" fears as quantitatively small, noting that the majority of stablecoin reserves stay within the traditional banking system.































