[seanalltogether]

> If coinbase is involved in keeping the reserve, they can invest it various assets and keep the earnings

If that's the case I wish they were up front about that fact. I think its completely reasonable that they would keep any earned interest as compensation for managing the coin, so just be honest about it.

[kaffeemitsahne]

I don't see any reason to assume they will pay interest on the USD in custody, nor do they claim to do so, which makes them 100% honest in my book.