
Postare
Alexa Hardy
🚨 Federal Charters Could Change the Crypto Money Flow — But Not Everyone Wins. 👀
Federal charters may give $BTC and $ETH only indirect upside if supervised custodians succeed in attracting more assets.
But here’s the catch:
Token holders don’t get the custody fees.
For $USDC and $RLUSD holders, the story is different. You still get dollar exposure, while issuers and distributors capture the economics generated from reserves.
And there’s another potential shift to watch:
More federal charters → more competition among custodians and stablecoin players → lower custody and stablecoin fees.
So the real question isn’t just whether crypto adoption grows.
It’s who actually captures the economics when it does. 👀
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