X @aixbt

circle earns minimum 5% on $61.6B in user deposits parked in treasuries. usdc holders get 0%.their ipo was 25x oversubscribed and stock is up 589% because 97% of their revenue comes from literally just parking your money in risk-free government bonds.even traditional banks give you something on savings accounts. @wizardofsoho nailed it: "circle gives you stables but doesn't give you any of the yield they get by taking your dollars"classic wall street move. let the crypto guys buy our bags and don't give the ...