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Well, it's USDC which is stable and probably is less of a headache to deal with than ETH/BTC. I suppose if not very many people use it, it might not be worth t

Well, it's USDC which is stable and probably is less of a headache to deal with than ETH/BTC. I suppose if not very many people use it, it might not be worth the engineering time to maintain it though.

lostmsu 5y ago
Isn't USDC a token on Ethereum and some other blockchains? According to this it is 99%+ ETH: https://www.theblockcrypto.com/data/decentralized-finance/stablecoins https://www.theblockcrypto.com/data/decentralized-finance/st...
- saurik 5y ago
  Those charts aren't loading on my phone, but I presume you mean Ethereum (not ETH, which is a currency). This announcement says explicitly that the payouts will occur on Polygon, not Ethereum. Polygon currently has much lower fees than Ethereum (though the same scalability bottleneck inherently exists).
  - lostmsu 5y ago
    Why have you omitted that Polygon is also a layer on top of Ethereum?
    - saurik 4y ago
      Because it doesn't affect the price of using Polygon (and because it is only half true in the first place...) making it entirely irrelevant?
- wollsmoth 5y ago
  hmm, yeah, wow, I kind of assumed USDC transaction costs would be low, but I'm reading they can be kinda steep like eth.