News for hackers. Stuff that matters.
Re:Coinbase is launching support for the USDC stablecoin by radicaldreamer on Tuesday October 23, 2018 @02:07PM (#18285823)
"Most people" don't but a large number of companies do... and remittances between people are a $500 billion/year market?
Re:Coinbase is launching support for the USDC stablecoin by arcticbull on Tuesday October 23, 2018 @03:18PM (#18286512)
Apple isn’t rolling up to the Wells Fargo and accepting a 5% spread. If you personally want to exchange a ton of money open an interactive brokers account and you’ll pay 0.08 basis points (0.0008%) minimum $1. If you don’t want to trade that much, check out compareremit.com and see what people are paying retail, it’s actually very competitive. In the popular USD-INR corridor you could pay close to mid market rates plus zero commission. This is a solved problem.