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#WhiteHouseTalksStablecoinYields
🏛️ WHITE HOUSE SHOWDOWN: THE BATTLE FOR STABLECOIN YIELDS! 💰A massive tug-of-war is happening at the heart of Washington! The White House recently hosted high-level talks between major banks and crypto giants to decide the future of your stablecoin rewards. 🏦⚔️🌐
The Big Conflict:
❌ The Banks' Demand: Wall Street is pushing for an outright ban on stablecoin yields, fearing a "$6 Trillion deposit flight" from traditional banks to crypto.
✅ The Crypto Stance: Industry leaders like Coinbase and Ripple argue that users deserve these 3.5% - 5% rewards and that banning them stifles innovation.
⏳ The Deadline: The administration has set a March 1st deadline to reach a compromise for the CLARITY Act.
This decision could change how we earn passive income in Web3 forever. Will the government protect the banks or the builders? 🛡️📈
What do you think? Should we be allowed to earn interest on our stablecoins? Let’s talk! 👇