ABA Challenges White House Report On Stablecoins, Flags Major Concerns

The American Bankers Association (ABA) is pushing back against the White House Council of Economic Advisers (CEA) stablecoin report tied to the long-awaited CLARITY Act, arguing that the debate is being framed in a way that misses the real policy risk.  The ABA’s objection centers on the CEA’s analysis of stablecoin rewards—specifically, the idea that […]