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Anonymous (ID: tsY3/W2b) Archived
11/20/24(Wed)13:04:44 No.59249749
File: usdc.png (10 KB, 256x256)
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Anonymous (ID: tsY3/W2b) 11/20/24(Wed)13:04:44 No.59249749 Archived
Why does coinbase pay interest on usdc? What are they getting from me holding usdc?
>>
Anonymous (ID: GwruYLun)
11/20/24(Wed)14:32:02 No.59250285
Anonymous (ID: GwruYLun) 11/20/24(Wed)14:32:02 No.59250285
Because they pay your providing liquidity which is what all interest basically boils down to.
>>
Anonymous (ID: 8kmL4HbQ)
11/20/24(Wed)14:33:39 No.59250304
Anonymous (ID: 8kmL4HbQ) 11/20/24(Wed)14:33:39 No.59250304
>>59249749
>why does my bank pay me interest on the money I deposited?
yfw
>>
Anonymous (ID: tRmx7jVV)
11/20/24(Wed)15:48:34 No.59250777
Anonymous (ID: tRmx7jVV) 11/20/24(Wed)15:48:34 No.59250777
they invest your dollar in treasury bonds, just like tether. the rate of interest they give you is less than what they get.
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