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> it is possible to have a sustainable and profitable business model with a stable coin. I guess it's possible, but only within the limits of the current gener
by namdnay 4y ago
> it is possible to have a sustainable and profitable business model with a stable coin.
I guess it's possible, but only within the limits of the current general interest rates. there is no magic world of safe investments returning higher interest than the safest bonds
- gruez 4y agoNote that all the parent post claimed was "profitable", without specifying how profitable. Thus unless interest rates go to zero, it should still be profitable. Negative interest rates has happened with some currencies, but for USD it has yet to happen.
- max51 4y agoI don't know how much people is required to run that type of operation, but even 0.5% can pay for a lot of people when you are sitting on a pile of cash worth >20B.