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White House economic advisers release stablecoin yield study

The White House Council of Economic Advisers published the report after Senate Banking lawmakers had pressed for its release, according to the source.

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Terms & Concepts
  • Stablecoin: A cryptocurrency designed to maintain a stable value, often by being linked to a fiat currency such as the U.S. dollar.
  • Yield: The return earned on an asset, such as interest or rewards offered on stablecoin holdings.
  • Deposit flight: A rapid movement of customer deposits out of banks, which can reduce funding available for lending.