Published Apr 8, 2026, 5:30 AM ET · Updated 7 months ago · 2 sources

White House Economists Say Stablecoin Rewards Won’t Harm Banks

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White House Economists Say Stablecoin Rewards Won’t Harm Banks

Banning crypto firms from offering customers yield on stablecoins would not have a meaningful effect on community banks, White House economists said in a report on Wednesday — marking the latest development in a fierce conflict between the two industries that has stalled legislation in Congress.