Distribution is the product
When every program holds the same bills, the differentiator becomes who holds the user. That pushes issuers toward wallet, broker, and treasury-management integrations rather than yield promotion.
sources
- [1]Stablecoin float estimates — Rawer dataset. Retrieved .
frequently asked
- Does fee compression threaten smaller issuers?
- It raises the minimum viable scale, particularly for programs carrying audit and transfer-agent costs.
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