✳️ dcposch on daimo
@dcposch.eth
Has anyone pointed out the centralized stablecoin inflation windfall? Circle gets to - Issue $60b in USDC for deposits - Earn billions in interest, up 10x since year. Treasuries pay 4% now - Pocket all of that. USDC pays 0.0% lol They need competition…
10 replies
0 recast
0 reaction
Nickolas Tazes | Watchen.xyz
@tazes
Something sufficiently decentralized
0 reply
0 recast
0 reaction