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.

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Cash App's fee is a blatant cash grab, padding Jack Dorsey's wallet.
USDC yield is 3.5%. circle can and will divert that onto both network fees and swap fees even on external platforms, and still have some left over