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by CryptoPunk 1514 days ago
USDC is very credible. It receives regular attestations from Grant Thornton:

https://www.centre.io/usdc-transparency

And Polygon is an Ethereum sidechain, so it charges very low fees.

So given these objections are without merit, this feature is doing people living in countries which cannot otherwise receive Stripe payouts a favor.
1 comments
RC_ITR 1514 days ago
>this feature is doing people living in countries which cannot otherwise receive Stripe payouts a favor.

And then what do they do with their USDC? Sell it for USD?

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CryptoPunk 1514 days ago
Yes, in many places where local conversion of USDC to USD or some other fiat currency is possible, but international Stripe payouts through the banking system are not.
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RC_ITR 1511 days ago
Wouldn't Stripe's efforts be better used in making payouts available in more countries then?

Also, what are the geos where all 3 are true:

1) Stripe can't payout in USD 2) Strip can payout in USDC 3) USDC to USD (or any fiat) conversion is freely allowed

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