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Why can’t bridge just convert the money into USD? What’s the point of the stable coins step?
by ec109685 1y ago
Why can’t bridge just convert the money into USD? What’s the point of the stable coins step?
- jdminhbg 1y agoOnce you buy the stablecoins, moving the money anywhere is an API call and a sub-1¢ transaction fee, rather than a cross-border wire transfer and a multi-day settlement process.
- ec109685 1y agoI still don’t know why there is the settlement process. If it was just a row in the database that this person has N dollars, why isn’t that enough?