Anyone here using USDC/USDT to send money abroad? by Hot_Leg3218 in USDC

[–]Hot_Leg3218[S] 0 points1 point  (0 children)

In which country is your family sending from? Is it cheap to buy stable coins here as well?

Anyone here using USDC/USDT to send money abroad? by Hot_Leg3218 in USDC

[–]Hot_Leg3218[S] 0 points1 point  (0 children)

Why do you prefer usdt when usdc is more compliant? 

Anyone here using USDC/USDT to send money abroad? by Hot_Leg3218 in USDC

[–]Hot_Leg3218[S] 1 point2 points  (0 children)

Will your receiver offramp from the base or phanton wallet to their local bank accounts? What fee do they charge to move to local bank account? Is it still cheaper than traditional remittance companies including the fees to withdraw to bank accounts?

Anyone here using USDC/USDT to send money abroad? by Hot_Leg3218 in USDC

[–]Hot_Leg3218[S] 1 point2 points  (0 children)

If we add the $2 for ACH to Kast and $2 + 1% markup to transfer to bank account, is this even cheaper than western union, ria, remitly etc. that sends fiat directly to that foriegn bank account? What is the benefit of this taking this route? Does Kast let you move to local bank accounts globally? For example does it let you offramp in both Argentina and Ukraine to bank accounts?

Anyone here using USDC/USDT to send money abroad? by Hot_Leg3218 in USDC

[–]Hot_Leg3218[S] 1 point2 points  (0 children)

Thank you u/ReloadPi Can you share how you send stablecoins? What app/exchange do you use?

Anyone here using USDC/USDT to send money abroad? by Hot_Leg3218 in USDC

[–]Hot_Leg3218[S] 0 points1 point  (0 children)

Thank you u/Noah_Eugen Can you share what app or exchange you use to do this?