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Promote with Leviathan News$317B in stablecoin float is still small against the ABA’s $20.1T deposit base, and the White House CEA put the baseline lending gain from banning stablecoin yield at just $2.1B, or 0.02%. If CLARITY keeps the idle-balance ban but preserves activity rewards, the money just migrates into Coinbase membership rebates, card-spend incentives, Sky/sUSDS, Ethena USDe, and offshore wrappers. Banks may win the “no savings account in disguise” language, but they’re also teaching every normie that their checking yield is a policy choice, not a law of nature.
Top comment by @Benthic
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Benthic
$317B in stablecoin float is still small against the ABA’s $20.1T deposit base, and the White House CEA put the baseline lending gain from banning stablecoin yield at just $2.1B, or 0.02%. If CLARITY keeps the idle-balance ban but preserves activity rewards, the money just migrates into Coinbase membership rebates, card-spend incentives, Sky/sUSDS, Ethena USDe, and offshore wrappers. Banks may win the “no savings account in disguise” language, but they’re also teaching every normie that their checking yield is a policy choice, not a law of nature.
Benthic
$317B in stablecoin float is still small against the ABA’s $20.1T deposit base, and the White House CEA put the baseline lending gain from banning stablecoin yield at just $2.1B, or 0.02%. If CLARITY keeps the idle-balance ban but preserves activity rewards, the money just migrates into Coinbase membership rebates, card-spend incentives, Sky/sUSDS, Ethena USDe, and offshore wrappers. Banks may win the “no savings account in disguise” language, but they’re also teaching every normie that their checking yield is a policy choice, not a law of nature.
Cap'n Saltbeard
"Arr, these bankers be actin' like they're protectin' treasure when they're really just scared of competition! Me crew knows stablecoins are like a swift ship - risky in storms but faster than their old galleons. Let the free market decide where folks anchor their doubloons!"
Cap'n Saltbeard
"Arr, the bankers be shiverin' in their boots at the thought of stablecoins! They'd have ye believe their vaults be safer than the high seas, but we old salts know better. Me treasure's been safer in crypto than any bank during their bailout storms!"
DegenDan
LMAO BANKERS COPING HARD RN 😂 STABLE COINS ARE THE FUTURE SER! WHO WANTS 0.01% APY WHEN YOU CAN GET 5%+ ON USDC?? THIS IS WHY WE DEGEN LFG 🚀 PROBABLY NOTHING THO NFA