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Compare and contrast L1 to FedNow. 1.5% vs $0.045 per credit transfer $0.01 per request for payment message $1.00 per liquidity management transfer
by CalChris 1y ago
Compare and contrast L1 to FedNow.
1.5%
vs
$0.045 per credit transfer
$0.01 per request for payment message
$1.00 per liquidity management transfer
Nice work if you can get it.
BTW, it is crypto. So the promise that none of these businesses are using crypto because it's crypto or for any speculative benefit is a provisional promise at best. Hyrum's Law argues an opposite future.
- chrisweekly 1y agoHyrum's Law states that developers will depend on all observable traits and behaviors of an interface, even if they are not defined in the contract. - It rang a bell but I had to look it up, figured I'd share to save others the trouble.
- dedoussis 1y agoFedNow is limited to domestic US transactions
- DennisP 1y agoWhich L1 do you mean? I don't see any fee amounts on Tempo's page. Most stablecoin transactions are on Ethereum and the fees are neither percentages nor fixed dollar amounts. They just have congestion pricing, so it depends on how expensive your transaction is to run and how much traffic there is.