The report released by the White House on April 8 intensified debates regarding the issue of stablecoin yields under the CLARITY Act. According to reporter Eleanor Tratt, banking industry insiders rejected the conclusions of this report, arguing that it overlooked the risks associated with capital flows.

The Economic Advisory Committee, however, believed that setting limits on yields would not effectively prevent deposit outflows—a view that immediately sparked controversy. Tratt noted that the initial reactions from the banking sector indicated that the report failed to address the core issues.

Some industry experts pointed out that the problem was not merely related to the scale of deposits but, more importantly, to the pathways through which funds flowed. In particular, small financial institutions were more vulnerable to sudden outflows of capital.