pending legislation will make it illegal to give passive yield for USDC. they will switch to a model of subsidizing network transaction fees. USDC transfers will probably become "free" everywhere forever
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Interesting... though, I imagine the vast majority of the 0.9% fee mentioned here is for the swap rather than the ln network fees (which are usually way lower as well).
I would expect Cash App to eventually charge a similar fee to swap from a dollar balance to pay a USDC invoice regardless of what the USDC network fees are.