CEA: stablecoin yield ban would barely affect bank lending

• —A yield ban would return ~$54 billion to banks, boosting loans by $2.1 billion (0.02%)
• —If the market grows to 10% of deposits, the lending effect would be $11.1 billion (0.09%)
• —For small banks, the estimated lending increase is about $500 million
• —The dispute centers on third-party rewards, which the GENIUS Act does not explicitly ban