đșđž UPDATE: The White House vs. Stablecoin Yields đŠđ
Tomorrow, Tuesday, Feb. 10, the White House holds a high-stakes "Round 2" meeting to decide the future of your crypto rewards.
Whatâs on the line?
The Conflict: Crypto firms want to pay you yield on stablecoins. Traditional banks are terrified this will trigger a massive "deposit flight" from your savings accounts to digital wallets. đž
The Players: Insiders from JPMorgan, Goldman Sachs, and Bank of America will face off against policy experts from the crypto industry.
The Goal: Breaking the deadlock on the CLARITY Act to finally bring clear rules to the U.S. market.
Is the government trying to protect banks or stifle innovation? This meeting could determine if "yield" stays in your crypto portfolio or gets banned entirely. âïžđïž
Would you move your savings to stablecoins if they offered higher yield than your bank? Vote "YES" or "NO" below! đ