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And, Stripe now exists, so the problem is mostly solved on "web2", no? What does Stripe (and similar products) not offer that $USDC could?
by aroman 5y ago
And, Stripe now exists, so the problem is mostly solved on "web2", no? What does Stripe (and similar products) not offer that $USDC could?
- josephmoniz 5y agoStripe fees are higher than Solana $USDC transaction fees. You also don’t have to worry about getting your account shut down or funds frozen. I once worked for a YC company, LendUp, and we started off using Stripe for accepting payment but had to stop because the policies of their partner bank at the time disallowed servicing of our types of transactions. We spent a large chunk of time integrating with many different payments processors on and off, it was rough. In summary, web3 has the potential to be and already is, cheaper, faster, and permissionless.