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Re:Ethereum has blobs. Where do we go from here? by threeseed on Friday March 29, 2024 @12:09AM (#39860604)
> And that's money in your pocket at that point not an IOU like a pending transaction at a US bank

In Australia, we have instant transfers between bank accounts.

I imagine the US will get to that point soon in which case there is no benefit to crypto for this use case.

Re:Ethereum has blobs. Where do we go from here? by govg on Friday March 29, 2024 @01:30AM (#39860998)
It exists in the US as well (Zelle), except due to the super high number of banks, not all will have feature parity / have it enabled. The major banks like Chase support QR code scanning for instant transfers, smaller ones might require a phone number or email input via keyboard.
Re:Ethereum has blobs. Where do we go from here? by kjkjadksj on Friday March 29, 2024 @12:00PM (#39865620)
Venmo is probably even more popular than zelle
Re:Ethereum has blobs. Where do we go from here? by ianburrell on Friday March 29, 2024 @02:16PM (#39867244)
It will exist soon in the US since FedPay was rolled out this year. It will take a while for banks to support it, but my guess is everyone will support it as replacement to ACH.

I don't think Venmo will die since there is a need for app to provide nice interface. But Zelle has been lobbying against FedPay since it will destroy them.