According to CoinMeta, the White House Council of Economic Advisers will launch an interactive tool on Tuesday that allows users to set their own parameters and run scenarios to support the conclusion that there is no substantial link between the growth of stablecoins and the loss of community bank deposits. This tool is aimed at gaining support from Senate Republicans to advance the clarity Act and to address concerns raised by banking groups regarding the provisions for stablecoins. Several Republican senators have hinted that they may vote against it, while pro-crypto Democrats are dissatisfied with the moral provisions that constrain President Trump. The act requires at least 60 votes to proceed. (Source: semafor)