Omar(@TheOneandOmsy):Still early in stablecoin land when USDC / USDT payouts for Deel contractors running at 2% fees + 1$ ntwk charges Services here provided by BVNK and payouts offered on ETH, Polygon, Tron. Also have a Coinbase USDC option at $5 under $300 or 1.6% above $300 In contrast, transfers to Wise / Revolut run at $0 Today, stables are more expensive relative to a range of other choices - leaving a subset of customers who they make sense for (i.e. those without other options) We'll see this flip over time. And the lines will blur (i.e. Revolut offers USDT deposits / withdrawals making it a cheaper base to move stables from vs. paying the upfront cost through Deel)

2025.06.14 20:43

Still early in stablecoin land when USDC / USDT payouts for Deel contractors running at 2% fees + 1$ ntwk charges Services here provided by BVNK and payouts offered on ETH, Polygon, Tron. Also have a Coinbase USDC option at $5 under $300 or 1.6% above $300 In contrast, transfers to Wise / Revolut run at $0 Today, stables are more expensive relative to a range of other choices - leaving a subset of customers who they make sense for (i.e. those without other options) We'll see this flip over time. And the lines will blur (i.e. Revolut offers USDT deposits / withdrawals making it a cheaper base to move stables from vs. paying the upfront cost through Deel)