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RE: Stablecoin Yield And Why Banks Are Fighting It

in LeoFinance2 days ago

I didn't realize the provision was in there but it makes sense that they would not want to relinquish their power. Their slaves are escaping to other opportunities.

Recently my mom was saying that the local credit union she uses and a lot of others around here use was charging a fee to get cash out of their own ATMS. Usually they charge to get out of a 3rd party ATM but now they are charging to get out of your own ATMS.

Ridiculous and the fees are out of control for a lot of accounts.

I just looked at the MAI stablecoin and I guess it depegged in 2023 for a significant period of time. I didn't realize that. The HBD still seems to be best in class.