0xen 🎩 pfp
0xen 🎩
@0xen
Been dca-ing into Circle since IPO. Smart or exit liquidity?
8 replies
2 recasts
26 reactions

gweiwhale.eth 🔵🎩 pfp
gweiwhale.eth 🔵🎩
@gweiwhale.eth
it’s smart -however I’d argue $coin is the better buy. coinbase receives about 60% of circle’s revenue as distribution costs, primarily from the 50% share of residual USDC reserve income for off-platform holdings. they also get 100% of interest income from USDC held on its platform. few ppl understand this.
1 reply
0 recast
3 reactions

Garrett pfp
Garrett
@garrett
this part
0 reply
0 recast
1 reaction