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Hmm I use YouTube. Wonder why PBJ said this? Adam Livingston just did a video about how STRC can become a stablecoin but it’s hypothetical. Here is his master guide on STRC.
But to make it simple if you have spare fiat and you don’t just want it sitting in a bank you can move it to STRC and earn 10% APR paid monthly. Saylor is trying to make 10% APR be the new “risk free rate”
The risk bitcoin or MSTR blows up and some major player on Wall St shorts it and breaks the peg/range MSTR is setting with STRC.
I know a lot of hardcore maxis hate this but to me it’s just a company using a public financial good and making products out of them that the market seems to find useful based in fiat terms.