Idk if that’s about a conference talk or not, which I didn’t watch. But IMO it’s incorrect to call it yield. Routing fees are payment for services rendered. “Yield” gives people the wrong idea, like it’s a passive banking service / CD. By his own admission on Knut’s podcast, he is a monetarist. But I still like him infinitely more than a noncoiner obviously.
Discussion
It was Miles Suter highlighting what Block's done over the last few years
I just saw it and thought 'nice' and that's pretty much it
You're correct that calling it yield is not the right framing. Routing is probs not there yet in terms of ux to be able to earn passively from it.