There is something called stable coins that are tied to the USD and backed by tangible assets aka money.
Seems weird investing in what amounts to electronic data but when you think about it, most USD is data. If you buy Soybean futures, you never actually posses any soybeans.
So if you are really holding and trading US dollars, what's the point for paying extra in fees to do that?
Thank you very much for your kind explanation. I won’t be buying any but at least I have a clue.
Dan