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How does a “Stablecoin” make money? (73 views)
18 Mar 2024 16:59
Stablecoins generate revenue primarily through interest earned on reserves held in assets like government bonds or through lending activities in decentralized finance (DeFi) protocols. Transaction fees from stablecoin transactions also contribute to revenue streams, along with potential income from partnerships and collaborations within the cryptocurrency ecosystem. These avenues collectively support the profitability of stablecoin development.
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23 Apr 2024 16:18 #1
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