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by z3ugma
1767 days ago
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How about things like decentralized finance? Stablecoins like USDC that are pegged 1:1 with the USD enable “wire transfers” with tiny fees compared to what banks charge. I can picture this for other parts of banking that are so dated - escrow, checking accounts, collecting debit payments (lots of Internet companies won’t host sex workers because of puritanical terms from credit card processors for example) |
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