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It's profitable to launch new stablecoins.
by phire 4y ago
It's profitable to launch new stablecoins.
- FabHK 4y agoI think fully collateralised stable coins (the only ones that are stable) are not very profitable, in particular in times of negative rates. The Swiss central bank, for example, charges 0.75% p.a. to hold onto your CHF. https://data.snb.ch/de/topics/snb/cube/snbgwdzid https://data.snb.ch/de/topics/snb/cube/snbgwdzid