Banks Push Back on White House Stablecoin View, Warn of Deposit Flight Risk

U.S. banking groups are pushing back against the White House’s latest stance on stablecoins. They argue policymakers are focusing on the wrong issue as the debate over yield-bearing digital dollars intensifies. Notably, at the center of the disagreement is a recent report from the White House’s Council of Economic Advisers (CEA). The report concluded that […] Read The Full Article Banks Push Back on White House Stablecoin View, Warn of Deposit Flight Risk On Coin Edition.