Mar 18 • 💬 General Discussion
stablecoin issuers are making billions off YOUR money and you get $0
so Circle and Tether are sitting on like $100B+ in T-bills from our deposits and keeping all the yield. the GENIUS Act literally says they cant pay us interest. meanwhile banks are lobbying to be the only ones allowed to offer stablecoin yield through the CLARITY Act. we built this whole thing to escape banks and now they're just gonna take over?? 💀💀
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stablecoin issuers are making billions off YOUR money and you get $0
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