Top stablecoins shed $7B in May as traders redeem tokens en masse

Re:Top stablecoins shed $7B in May as traders redeem tokens ... by Jommi on Sunday May 22, 2022 @04:14PM (#31472280)

I mean there is no way you can get them USD as cash in hand if that's what you mean. Do you mean USD as in a multi-currency bank account like revolut?

Onramp via onjuno, convert to USDC, send to your polygon wallet, convert to jEUR on Jarvis, send jEUR to friends wallet, they offramp jEUR with 0 fees to their IBAN bank account in ukraine via mt.Pelerin.

You only pay the polygon token transfer fees here.

Times have changed since 2010!

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Re:Top stablecoins shed $7B in May as traders redeem tokens ... by dropnerd on Monday May 23, 2022 @11:02PM (#31487553)

i wonder if usdc to jeur is more efficient than usd to eur. it could be- many banks are opaque about their conversion rates.

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Re:Top stablecoins shed $7B in May as traders redeem tokens ... by Jommi on Tuesday May 24, 2022 @02:17PM (#31495634)

Could be. Although USDC to JEUR is using chainlink feeds (which is aggregated data), but they do advertise 0 slippage.

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