Viewing a response to: @bitcoinflood/what-should-stablecoins-be-backed-by
This is why i prefer algo coins that are a level one solution. I currently only know of 2. Hbd(i refuse to put sbd in this group) and ust. My problem is that usdc is what i enter and exit with as coinbase is my on/off ramp. Currently my route back to fiat is to go from the blockchain world to nexo, swap to usdc, send to coinbase. Until more people will accept crypto in a p2p fashion this is my only choice.
author | wdougwatson |
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permlink | re-bitcoinflood-qyb41j |
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I totally understand you on the USDC for the on and off ramp of coinbase as I've been thinking about doing the same when I went to start offloading a little. I'd love to see p2p lending and more decentralization to happen and I think we will get there just more development needed. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@bitcoinflood/re-wdougwatson-4rnkau)
author | bitcoinflood |
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created | 2021-08-23 20:51:06 |
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