White House pushes back on stablecoin deposit-flight fears ahead of CLARITY vote

  • Trump administration urges Senate Republicans to support the CLARITY Act
  • Tuesday’s procedural vote is the deadline for the administration’s final push
  • White House rejects concerns about stablecoins causing deposit flight

The Trump administration is making a final push for Senate Republicans to support the CLARITY Act before Tuesday’s procedural vote, while the White House pushes back against concerns that stablecoins could trigger deposit flight. Semafor reported the effort and cited the White House Council of Economic...

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White House pushes back on stablecoin deposit-flight fears ahead of CLARITY vote - CoinPost Terminal