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> USDC doesn't pay interest Coinbase, who co-founded USDC, absolutely pays interest on USDC: https://www.coinbase.com/usdc https://www.coinbase.com/usdc (they
by ac29 3y ago
> USDC doesn't pay interest
Coinbase, who co-founded USDC, absolutely pays interest on USDC: https://www.coinbase.com/usdc https://www.coinbase.com/usdc
(they call it rewards instead of interest in an attempt to avoid regulation, but it is functionally the same thing)
- mattdesl 3y agoA company offering to pay interest on top of stablecoin holdings does not mean the underlying asset features an expectation of profit.