Dan Romero
@dwr.eth
Type of financial entity that should exist: - Consumers and businesses can easily sign up - Federally regulated - Only function is to custody USD - No fractional reserve - Ability to opt-in to yield via US Treasuries - Revenue model: cut of Treasury yield or $9.99/m subscription
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timdaub 🥝
@timdaub.eth
sounds almost like USDC, or not?
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Dan Romero
@dwr.eth
No the issue is USDC has cash at SVB.
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