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A comment on Coinbase suspending USDC:USD conversions over the weekend. Parent comment

Re:Coinbase suspending USDC:USD conversions over the weekend by bombolo on Saturday March 11, 2023 @06:18PM (#35113822)
Can they buy oil with their own currency? No, they have to use their currency to buy USD and then buy oil.

If they get a deal with an oil selling country that says otherwise, USA sends in the army (usually to the seller, not the buyer).

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Re:Coinbase suspending USDC:USD conversions over the weekend by stonogo on Saturday March 11, 2023 @09:01PM (#35115545)
India is buying oil in rubles right now. Let me know when the US invades.
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