Re:USDC payment processing in Coinbase Commerce
by shawabawa3 on Wednesday August 14, 2019 @06:20PM
(#20700646)
Does this mean customers don't need to pay fees when they pay in USDC in coinbase commerce? Who pays the gas fees in that case?
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Re:USDC payment processing in Coinbase Commerce
by bjoveski on Thursday August 15, 2019 @12:43PM
(#20706894)
There are two places where gas is paid:
1) when the customer pays to these intermediate addresses
2) when the funds are moved from the intermediate to the final address
1) is always paid by the customer that initiates the payment. 2) can be paid by anyone, as these contracts are permissionless and anyone can interact with them. At the moment Coinbase picks up the tab for doing this, but we will likely not be doing this in the long-term