It takes up to 45min to go from stablecoin to cash in Buenos Aires.
The Cuevas are everywhere and it’s as easy as using WhatsApp.
The stablecoin cash is a functioning pipe but it lacks efficiency in many channels.
Within the same day I got all these different rates to sell USDT
Cueva a) +0.25%
Cueva b +0.5
Cueva c) -0.5%
Cueva d -2.5% + $3
Cueva e) -3% + $3
Only one of these accepted USDC in mainnet. All the rest was USDT in Tron.
There’s a lack of understanding to those who only believe in 100% cash or 100% digital. Both are needed, and while stablecoins are more engrained into banking pipes these inefficiencies must improved.
Who is building AI operator who can orchestrate these differences? Like Jumper but for cash ops.