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by diazc 1221 days ago
> What exactly do you think the alternative is?

crypto?

I was able to send the USDC stablecoin to a business accepting crypto with Coinbase Commerce just fine and transaction was very quick.

I can see that even Stripe is getting involved in crypto as well.

3 comments

Good luck trying to turn that USDC back into dollars without significant tax implications, and definitely good luck trying to get your customers to use USDC instead of a credit card
> ...good luck trying to get your customers to use USDC instead of a credit card

It's already happening and Stripe, Coinbase, Stellar, Shopify, Woocommerce, and Moneygram are already using USDC in the real world.

But what if they want customers to buy things?
They can buy things? Shopify, Woocommerce has integrations for this, this isn't really an issue.
They are blocked by MATCH. They will be banned from all of those as well.
What has MATCH got to do with crypto?

Do you have any evidence for this claim?

So your solution for not using a third-party is to use a different third party?
People blame crypto for many things but at least crypto is not monopolized and you don't need the approval of a third party to use crypto to pay.
What is wrong with accepting USDC?

Anyone can accept it, individuals, and even third parties.