Re:Robinhood, in Need of Cash, Raises $1B from Its Investors
by funfunfunction on Friday January 29, 2021 @10:59AM
(#25958637)
This sounds like a problem that might actually be solved best by blockchain.
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Re:Robinhood, in Need of Cash, Raises $1B from Its Investors
by xur17 on Friday January 29, 2021 @11:08AM
(#25958737)
Honestly, just the utilization of stablecoins for interbank transfers would help with a ton. I acknowledge that it's technically possible to update the existing system to just support faster settlement, but given how long we've been waiting, I find it unlikely.
As a user, I'd love to be able to deposit and withdraw stablecoins at banks - this would enable essentially instantaneous transfers, and provide an interface that anyone (including non-banks) could interface with.