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Logarithmic Rex-Salomon

I keep seeing the term “federal reserve master account,” when

I google it says that it says only banks and government entities are eligible. Is there a plan to turn frax into a regulated bank? Or is the idea to convince the fed to allow frax to be the first “on-chain” bank and therefore be eligible for a master account?

#cryptocurrency #english #frax
0

3 ответов

10 просмотров
Samuel-

just to flip it a little bit, why should USDC get all the yield from the short term securities they own?

0
17.12.2022
Logarithmic Rex-Salomon Автор вопроса

Because they are a centralized entity that’s openly embracing regulatory frameworks

0
17.12.2022
tan-Any1 DM as admin will be reported to tg as scammer
Logarithmic Rex Salomon
Because they are a centralized entity that’s openl...

what about in this way: "federal reserve master account" under a regulated entity. frax protocol(veFXS) can control the entity

0
17.12.2022

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