[bidandanswer]

Wow, that's horrible. Sending $1m nets $560 in fees.

That's like 5.6 million times worse than typical Solana fees.

That's a Michelin-star meal. Or two.

[closewith]

~$5,600.

> That's like 5.6 million times worse than typical Solana fees.

And how much will it cost to get move into and out from SOL?

[bidandanswer]

Nothing. Send USDC to Circle, Coinbase, or any centralized exchange for a fraction of a penny. Swap to USD for free. ACH transfer to bank for free.

[closewith]

And how much does it cost to get USDC from Euro and then back to USD on the other end?

Let's be honest, if it was cheaper and faster, it would be the standard, right?

[mteam88]

> Let's be honest, if it was cheaper and faster, it would be the standard, right?

Except that the US regulatory system hates crypto for some reason. SEC has repeatedly denied requests from coinbase for regulation. Like wtf?

[bidandanswer]

Nothing. It's probably cheaper to swap Euro stable -> USDC on chain than whatever fees your banks charge you.

Additionally, if you're building a legitimate business on chain, then all your cash is already on chain.