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Are dollars in your Venmo account securities?
by Jommi 4y ago
Are dollars in your Venmo account securities?
- pavlov 4y agoThe dollars in my Schwab account are securities because they're automatically invested in a money market fund. I would argue that a crypto exchange is more like Schwab than Venmo, and that stablecoins provide a function similar to money market funds.
- Jommi 4y agostablecoins are not automatically invested anywhere you arent accuring any yield