Re:Bank transfers as a payment method
by Ekaros on Saturday November 27, 2021 @06:13AM
(#29359293)
How do stablecoins make money? That is how do they pay for everything they do? It either has to be fees or some sort of investment. And investments can always crash, thus resulting loss of money...
[ Parent
| on HN ]
Circle makes money on the yield they get from the treasury bills they hold. If US treasury bills crash, the stability of USDC will be the least of our worries.