Circle Is Building a Platform Business Model

Circle charges customers nothing, which increases its scale and makes more money as it gets bigger by investing its reserve in safe assets. Circle holds conservative reserves to insure that liquidity is always on hand to redeem us c for a dollar at pr the portion of those reserves held in us. Treasuries generate income for circle without needing to charge users or developers. A stable coin company can pour resources into building out inta structure that gives it away, that i gives away for free. It's building a platform business that monetizes through interest on reserves instead of fees. Weel look something like this first: As more developers build on us t c, us t c gains more utility. This classic