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This is not the point. Even the most legal/regulated have to ACH/wire cash. If you’re a trader and want to raise your cash portion of a portfolio it’s much fas
by elefanten 4y ago
This is not the point. Even the most legal/regulated have to ACH/wire cash.
If you’re a trader and want to raise your cash portion of a portfolio it’s much faster/easier/cheaper to hold stablecoins. The cost is that it’s riskier.
- jazzyjackson 4y agoI don't know what you mean, for instance because Gemini follows all the regulations, I can hold USD cash in my account and it's even FDIC insured. Wiring back to a checking account is an option, but I can keep liquidity at the ready without dealing in stablecoins.