sageofredondo, 1 month ago

@bagder they want you to use it and talk about it?

Took a quick look. In theory you can exchange it without fees at coinbase, but it essentially is tokens that claims to be dollars so the people sending it would have to collect tax info from you.

https://www.coinbase.com/usdc

It is funny. How are they suppose to make money with no fees? Seems they skim part of the interest the dollars from the treasuries they hold?