Larry Cermak is Director of Research and Analysis at The Block, a cryptocurrency and fintech publication. He formerly was Head of Analysis at Diar.
All coin reviews by expert Larry Cermak.
Pretty sure the [8.6% APY interest rate paid by Blockfi on GUSD] is subsidized by VC money. Not really sure how else they could be getting these rates...USDT and Dai could have around 10% but no one is using GUSD. And I’m not aware of any large lending markets that support GUSD.Full review
If Ripple ever somehow makes it work as a payments company, it will be the equity holders that benefit and the XRP holders holding a massive bag. XRP is a revenue generating mechanism for Ripple, nothing else. Ripple has so far sold $1.2 billion in XRP—[the] majority of its revenue.Full review