It’s all made on the fees to move dollars around. It’s just visa and fold are using the spoils from the fees earned to pay you out in rewards and keeping some for themselves.

Maxis hate this because visa is making revenue off bitcoiners spending dollars but every single bitcoiner on this planet needs a dollar at some point. Not a single producer that matters on a large scale is accepting sats for payment and if they are 99% chance the dump it for a dollar because that is what their expenses are in. No one is truly living on a bitcoin only standard it’s impossible in 2025.