News Explorer — White House Economists Find Banning Stablecoin Rewards Would Minimally Impact Community Banks' Lending

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Apr 8, 12:54 pm

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White House Economists Find Banning Stablecoin Rewards Would Minimally Impact Community Banks' Lending

The White House economists' analysis suggests that banning stablecoin rewards would minimally impact community banks, increasing lending by just 0.026%. Despite warnings of catastrophic losses, the Council of Economic Advisers' modeling indicates a net welfare cost of $800 million.

The White House economists' analysis suggests that banning stablecoin rewards would minimally impact community banks, increasing lending by just 0.026%. Despite warnings of catastrophic losses, the Council of Economic Advisers' modeling indicates a net welfare cost of $800 million.

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The White House economists' analysis suggests that banning stablecoin rewards would minimally impact community banks, in... Read Summary

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