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Comment by kommstar | Hacker News Reader

Where is the integration with the crypto networks? My crypto is programmable and I would love to see my bank have an api as well.

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Super interesting - what would you like to see? Like USD/USDC swappable accounts or something?

Right now I have an account now where I can deposit USDC and spend via tap to pay/debit card. Basically just a debit card linked crypto account, rewards are $$$ (4%) and adjusting balances is fast and easy. Also programmable so I can replace what is spent without having to manually transfer. This helps tremendously with managing the families access/budgeting of funds.

Would also be nice to have an account where legacy payments (ACH) can be made that also has an interface to deposit USDC. Right now I need to ACH deposit to my bank account (from crypto), and then ACH withdraw to pay the bill. Eventually you could just get rid of the ACH part and convince the accounts receivable to accept USDC (and profit?).

Bringing both these services under one roof so it is a bit easier to manage would be the holy grail of legacy and future financial products.

What is this account through? That sounds interesting.

4% - where does that come from? Sounds too good.

Yeah Crypto especially USDC is really not worth the risk.

It might be ok if you load up the card a few minutes before each transaction but that would be quite a hassle

What risk?

Its not really backed by fiat as they advertise. Like everything in Crypto, nothing is what it seems to be. It's an ever shifting definition.

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