Travis Hoium

And one of the things that's been on the docket is our crypto company is going to be able to offer rewards for holding stable coins.

This is something that Coinbase does on their platform.

If you have

usdc stable coins they'll pay you i think it's three and a half percentage points right now as as a reward for that so looks a little bit like interest on a bank account even though it's a little bit different than that but this would make that illegal lou and the interesting thing here is

this would make it maybe a little less attractive to be holding those stable coins in an account like Coinbase.

But if you do still hold them and you don't really care about that 3.5% because it's a more efficient payment method or whatever your logic is, this is actually going to make companies like Coinbase more profitable because they're not going to have that rewards expense.

So it's sort of an interesting reaction from the market.

Stocks are down, but at least short term, Coinbase should make more money because of this ruling if it ends up passing.

Yeah, I keep thinking that life comes at you fast when I see this.

Sure, Travis.

You know what?

Banks would make more money if people just put their money in without demanding interest.

So you're right, definitely.

But look, I don't know if this is fair, but I think it's the right call, okay?

And look, life is not fair.

I'm not pro or anti stable coin.

I'm not going to say that, but I want them to solve problems, not create problems.

And for all of the flat.

And do you not see the efficiency?

Let's go there.