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by pffft8888 1226 days ago
How can you do $1 per transfer if the off-ramps and crypto exchanges charge a percentage to withdraw to fiat? Unless you're using Circle which then requires you to be licensed in every state (unless their KYC failed)

Something not adding up here. Money movement (if you touch fiat on the way in or out) is highly regulated, and you would put Western Union and MoneyGram out of business if it wasn't. Moneygram already uses USDC, but it's not that simple.