Senate Banking Republicans, led by Senator Thom Tillis, have urged Patrick Witt to release a White House Council of Economic Advisers study on stablecoin yields. The report, which examines the potential impact of stablecoin yields on deposit flight and bank lending, has been briefed to lawmakers but remains unreleased. Sources indicate a push within the White House and Senate to make the report public, as it reportedly contains positive conclusions for the crypto sector. GOP senators are expected to contact the White House to advocate for its release.
Senate Republicans Urge Release of White House Stablecoin Report
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