Stablecoins Scoop: Wall Street Warns, White House Debunks!
The report, published April 9, 2026, does not pretend to be a sermon on economics but a ledger, a tally of what the banks themselves proclaim as their perilous exposure. It shows, with the patient arithmetic that one associates with ages of reckonings, that permitting stablecoin yield would increase bank lending by a mere $2.1Bn, about 0.02% of the total loans outstanding, and certainly not the great exodus of deposits that banking lobbyists have foretold to the Congress as if it were the return of some ancient plague.


