Content
@
https://warpcast.com/~/channel/kieran
0 reply
0 recast
0 reaction
Kieran Daniels
@kdaniels.eth
this is a saving throw for liquidity before the economy recovers most of their rev is from high interest rates, when rates drop to 0%-1% Circle will not be in profit they pay over $250m in comp per year + over $1b in service fees to @coinbase
1 reply
0 recast
3 reactions
Alec
@ajf
Are you referring to US Treasury rates at 0%-1%?
1 reply
0 recast
1 reaction
Kieran Daniels
@kdaniels.eth
ya reserve returns rates are a huge part of the model https://x.com/TheOneandOmsy/status/1907229821043626100
0 reply
0 recast
0 reaction
