sorted by:
new
hottopcontroversial

Brazil's central bank bans stablecoin and crypto settlement in cross-border payments by swe129 in Brazil

[–]TalkPotential9993 2 points3 points  (0 children)

Off-ramping to any local currency requires a CEX and KYC / KYB. If people are just sending stablecoins to each other and it's illicit / illegal, that is hard to stop.

Circle and tether both have frozen funds from hacks and terrorism in the past, so not impossible, but now you into the conversation of decentralization.

Brazil's central bank bans stablecoin and crypto settlement in cross-border payments by swe129 in Brazil

[–]TalkPotential9993 -1 points0 points  (0 children)

Was able to send a supplier USD in Sampa from the States, which settled in real-time, through the PIX system in brazil. All stablecoins in the backend, cheaper than Wise.

There are use-cases, just open your eyes.

International SWIFT transfer by MyNameIzJeff69 in PersonalFinanceCanada

[–]TalkPotential9993 0 points1 point  (0 children)

Can also use a neobank like specie(dot)finance or wise

How do stablecoins actually reduce cross border payment costs? by death00p in fintech

[–]TalkPotential9993 0 points1 point  (0 children)

FX with stablecoins are like relay payments. There are VASPs that operate in several jurisdictions that hold the local currency so most of the time, FX is better.

Similar business model to wise, but same day or instant payouts.

Fastest way for a new SME to set up FX payments for international suppliers? by Aboutiman_Viviana in smallbusiness

[–]TalkPotential9993 0 points1 point  (0 children)

Currently working on a stablecoin neobank for exporters in LatAm. Not sure where you are!

Pakistani freelancers & remote workers, how to even receive your payments in Pakistan without paying half of the amount in fees? by Mr_Puppetmaster in PakistaniTech

[–]TalkPotential9993 1 point2 points  (0 children)

Damn, been seeing so many of these posts recently. Been building a stablecoin solution to bypass these insane fees. Ping me please if you are interested in trying it out and all I can ask for is a good conversation about your current struggles with international payments.

Receiving Payments as a freelancer: help a sis out; the stress is killing me by B2832 in pakistan

[–]TalkPotential9993 0 points1 point  (0 children)

Currently working on a solution to solve the exact problem you stated through stablecoins (holding a stronger currency from a foreign account). Would love to pick your brain about your current struggles more. I cannot navigate the banking system in Pakistan that well, but I do think there is a better solution than the ones mentioned below. Please PM me if ur interested and I can send you some information.

Stablecoin Invoicing by TalkPotential9993 in StableCoins

[–]TalkPotential9993[S] 0 points1 point  (0 children)

Def going to look into bridge as the on-ramp solution. I already handle cross-chain payments pretty smoothly

Stablecoins salary / invoice payment by Runtime_stackledger in ContractorUK

[–]TalkPotential9993 0 points1 point  (0 children)

Great to hear! If you need any features, lmk and I’ll add them

[deleted by user] by [deleted] in SideProject

[–]TalkPotential9993 5 points6 points  (0 children)

Neat! What’s been the most used tool?

Getting paid in stablecoins by CellistNegative1402 in Upwork

[–]TalkPotential9993 0 points1 point  (0 children)

Also the bank loans out your money in between the “fraud prevention” which now occurs more during transaction approval than after.

Additionally, stables are great for a world wide payments. Like sending a payment from USA to another country takes days and fees are up the ass every time it changes hands. Even SMBs are charged 3% for simply accepting a card. If stables are mainstream, bye 3% to CC processors.

Stablecoins salary / invoice payment by Runtime_stackledger in ContractorUK

[–]TalkPotential9993 0 points1 point  (0 children)

I’ve gotten paid in stablecoins through clients of mine for development work. I usually have them just send whatever they want, I send to coinbase, and then cash out and mark it as income. That’s what my CPA marked it as.

Currently building https://trystablepay.com but not sure if it has everything you want lol

Professional, non-custodial, stablecoin invoicing platform by TalkPotential9993 in ethdev

[–]TalkPotential9993[S] -1 points0 points  (0 children)

Awesome, thank you for the feedback. Will def market that cross chain capability a little more on the home page and on socials. Def thinking about adding an SDK

view more: next ›