White House economists said banning rewards wouldn't significantly boost banks' financial health, amplifying the crypto industry view in the Clarity Act debate. A new study from White House economists downplays the benefit banks would get from banning stablecoin yield — a position that aids the crypto sector's argument in the ongoing talks over the Clarity Act in the Senate. The White House has been eager to reach the finish line on the bill that would finally establish wide-rang…
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