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A comment on Coinbase is launching support for the USDC stablecoin. Parent comment

Re:Coinbase is launching support for the USDC stablecoin by 0x8BADF00D on Tuesday October 23, 2018 @02:35PM (#18286129)
> This is not solving a problem that isn’t otherwise solved except money laundering and skirting AML/KYC rules. Look I may well be wrong, but can you suggest a use case I haven’t considered?

I could see a decent amount of usage for dApp developers or anyone who wants micro transactions on their platform. That being said, “stablecoin” is probably quite useless outside of that very narrow use case.

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Re:Coinbase is launching support for the USDC stablecoin by arcticbull on Tuesday October 23, 2018 @02:57PM (#18286342)
People don’t really want micropayments as it turns out because people get decision fatigue. It’s why Netflix feels good and the iTunes Store video rentals don’t. The latter may have saved you money but you don’t want to keep deciding on whether something’s worth it.
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Re:Coinbase is launching support for the USDC stablecoin by 0x8BADF00D on Tuesday October 23, 2018 @06:43PM (#18288148)
> People don’t really want micropayments as it turns out because people get decision fatigue.

Fair point. What I’m really interested in seeing is if they can maintain their peg.

[ Parent | on HN ]