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Now when stripe suddenly shuts down your business you can be even more outta-luck than when it was USD. Better for them you're on the no-recourse crypto.
by djbusby 4y ago
Now when stripe suddenly shuts down your business you can be even more outta-luck than when it was USD. Better for them you're on the no-recourse crypto.
- sneak 4y agoQuite the opposite is true. USDC payments are fast and irreversible.
- zeroclip 4y agoThis comment is misinformed; if the asset lies your non custodial wallet, only Circle can blacklist your USDC funds. So far Circle has mostly only frozen funds related to government sanctions. Users are free to exchange the funds to DAI which cannot be frozen by a centralized issuer.