
Cuzzin Henry
442 posts

Cuzzin Henry
@Cuzzinhenry
im everybody cuzzin but only related to a few


🚨JUST IN: The White House Council of Economic Advisers has released its study on stablecoin yield and its potential impact on deposit flight and bank lending — the same report I noted last month that Senate Banking lawmakers were pressing the White House to release. The TLDR: Banning stablecoin yield would do little to boost bank lending, impose costs on consumers, and concerns around deposit flight are overstated. The data: At baseline, eliminating yield increases lending by just 0.02% (~$2.1B) and results in a net welfare loss. On deposit flight: The report finds those concerns are “quantitatively small,” noting most stablecoin reserves remain within the banking system, with only a limited share truly removed from lending activity. “In short, a yield prohibition would do very little to protect bank lending, while forgoing the consumer benefits of competitive returns on stablecoin holdings,” the executive summary reads. Link to the report below ⬇️







Jemele Hill said Chilli “appears to be lying” about her Trump donations and stated that she is “pretty sure if TLC doesn’t get replaced” on the tour, her and her friend group won’t attend.


More than 14 million proud Iranians have so far registered to sacrifice their lives to defend Iran. I too have been, am, and will remain devoted to giving my life for Iran.


























