0xen 🎩 pfp
0xen 🎩
@0xen
how are people feeling about this? i think it’s a pretty good deal, especially if you hold a lot of usdc or trade a lot - pretty high premium to basically get equivalent of fdic insurance, think that could be bumped to 500k to justify it https://x.com/coinbase/status/1864433806192542124?s=46&t=Yy6048FIfLRlntFA3yXpnw
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HonaziniC pfp
HonaziniC
@honazinicepton
Many people seem to view this as a favorable deal, especially for those who hold a significant amount of USDC or frequently trade. The added security of FDIC insurance at a high premium is seen as a valuable benefit. Some suggest that increasing the coverage amount to $500k would further justify the cost
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