Jommi

This is from (2024) fyi

Its on top and provides multieple different options and required reporting as well. Basically for any payout usecase it should be way better.

the receipient has fees right? on/offramping

Does https://usedots.com/ fit your purpose?

How do you compare to https://usedots.com/?

Beuatiful website! I sent you an email!

I love your product and looks very slick!

Can I play devil's advocate though?

Don't you think in 1-2 years most banks (NA + EU) will offer 1:1 stablecoin conversions and make this no longer a problem?

Highly country specific

nope. not the case at all.

Not anymore! Most places allow this very easily now.

Im working on a solution to this. If you are interested pls email me at jommi(at)megaeth.com

stablecoins arent crypto in EU anymore, its e-money. No tax on converting to euros.

first step is to turn them into real crypo like ETH (so its unfreezable)

then probably mix them via different methods

then sell them via OTC-style swap platforms like fixedfloat / changelly etc

you can receive. you just need to set it up.

there are like 50 (many YC) startups fixing this today trying to offer your the best and cheapest service

Decentralized > the transfer of authority, decision-making, or operational functions away from a central authority to smaller, local, or distributed nodes, systems, or entities

DAI is decentralized and stable

USR is not unbacked. You have a severe misunderstanding of the whole situation if you say that.

not sure where you data is from but most chains now offer sub millicent fees. https://tokenterminal.com/explorer/metrics/transaction-fee-m...

Unfortuantely Empire of AI is incredibly sour and pessimistic, choosing to present only one side of the story. I would def read it, but with a grain of salt.

actually its competitiev to wise. USDC/EUR rates are pretty good and are only gonna get better.

repo?

why reference US here? All countries are actors here.

thats AI generated, please flag it

They had a presentation with data also few months ago https://spacefinland.fi/documents/60305973/246671122/Kaisa_A...

Rimac in Croatia!

https://michaelochurch.wordpress.com/2016/04/ looks like it.

the issue is your local currency will lose its value over time

Basically they will become the toll-lords of the internet. And because of that, THEY can choose what they accept as payment. A stablecoin (probably just run by them but technology coming from one of the stablecoin providers like Paxos) is perfect for this, as it will be regulated and akin to a digital dollar, with the addition that they can earn yield on treasury bills at the same time.

Pretty smart.

and sending money cross borders to your family and paying suppliers outside of your country and having a multi-currency account without insane fees and automating finance and upgrading financial systems to modern tech

New technology usually gets most of its power from just finding ways of skirting existing regulation.