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by TekMol 1194 days ago 

    creator takes 1 USD, and gives back 1 USDC and vice versa
How do they make money then?
3 comments
nikanj 1194 days ago
They invest the USD. If the investments work out, they keep the profits. If they don’t, the customers just got crypto’d
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humanizersequel 1194 days ago
Short term treasuries. They're a liquidity provider for the US government.
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true_religion 1194 days ago
Transaction fees I think?
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