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Yes, presumably redemptions will remain open come Monday. As far as I know Circle creates and redeems at par, they don't charge 100bps or whatever.
by anonymoushn 4y ago
Yes, presumably redemptions will remain open come Monday. As far as I know Circle creates and redeems at par, they don't charge 100bps or whatever.
- TekMol 4y agoIf they buy and sell at $1, how do they finance their operation?
- anonymoushn 4y agoThey buy treasuries and collect 4.5% on $40 billion.