The White House just weighed in on stablecoins - a big signal for policy direction. As the Senate debates whether third parties can offer yield on stablecoins under the CLARITY Act, new analysis shows: • +0.02% bank lending impact • ~$800M annual consumer cost • Limited financial stability benefit Read the full article from @LowBeta on the Stack here: https://www.grayscale.com/the-stack/white-house-weighs-in-on-stablecoins-and-clarity(Grayscale)