buy cut coins - AUSD Seeks National Trust Bank Charter to Eliminate Fees
AUSD has filed for a national trust bank charter, aiming to eliminate significant fees by becoming its own issuer. Nick van Eck, a representative from AUSD, highlighted that this move is intended to bypass middlemen, thereby avoiding costs ranging from 3 to 10 basis points. This strategic decision is part of AUSD's broader effort to streamline operations and reduce expenses for its users.