Hacker News new | ask | show | jobs
by pjc50 500 days ago
.. how are they profitable? Market making? Tbill interest? TX fees?
3 comments

> Tbill interest

or similar. They have $100bn dollars and their only job is not to lose any of it.

In this interest rate environment they’re basically printing money.
Giancarlo literally prints these tokens from his laptop. The ultimate profit scheme.