Banks make billions by taking customer trillions at 0.5% and parking them in treasuries at 4.5%. Of course Coinbase wants to take customer billions (currently) at 3.5% and park them in treasuries at 4.5%
Of course banks don’t want to lose that money to a non bank, and so it goes
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Banks make billions by taking customer trillions at 0.5% and parking them in treasuries at 4.5%. Of course Coinbase wants to take customer billions (currently) at 3.5% and park them in treasuries at 4.5%
Of course banks don’t want to lose that money to a non bank, and so it goes