How does users being able to withdraw their money immediately affect your business model? How are you preventing someone from depositing/withdrawing the same $25 a billion times per week?
If you withdraw, you lose tickets so that is a deterrent to continuing to deposit and withdraw to game the system
Right now it's $2,000 per day. If you want to withdraw more than $2,000 per day, you can upload a driver's license to verify your identity (prevents fraud) and then you can withdraw up to $100,000 per day.
They wanted people to have more flexible access to their funds given given the macro environment.
See the third question at the Fed FAQ here: https://www.federalreserve.gov/supervisionreg/savings-deposi...