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A comment on Top stablecoins shed $7B in May as traders redeem tokens en masse. Parent comment

Re:Top stablecoins shed $7B in May as traders redeem tokens ... by dharma1 on Sunday May 22, 2022 @03:37AM (#31465836)
A lot of exchanges (and fiat onramps) now directly with L2s like Avalanche or Polygon where gas fees are a lot lower
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Re:Top stablecoins shed $7B in May as traders redeem tokens ... by password4321 on Sunday May 22, 2022 @06:04AM (#31466550)
On/offramp is still there if you have to get back through ETH.

I remember feeling the frog water warming up when I first heard how "wrapped ETH" was another required fee in-between... craziness.

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Re:Top stablecoins shed $7B in May as traders redeem tokens ... by Jommi on Sunday May 22, 2022 @07:26AM (#31466981)
You don't need to use ETH mainnet at all. The top On/Offramps work fully on low-fees chains rn.
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