On-chain KYC/KYB for stablecoins, what's realistic?

asked by u/ren_c · 24d · 1 answers

We're exploring integrating stablecoins for merchant payments and the KYC/KYB headache is real. Specifically, for higher value transactions, what are the current practical approaches to fulfilling compliance obligations without completely gutting the user experience? It feels like we're constantly caught between regulatory demands and the pseudo-anonymous nature of crypto; how are others navigating this in a scalable way?

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  • u/brianna.white· 1 pts· 24d

    That's a tough one, especially with the 'higher value' aspect. For smaller transactions, I've seen some platforms use a tiered KYC approach where basic info unlocks lower limits, but for big payments, it really does seem like a more traditional KYC/KYB is almost unavoidable at some point in the chain. Curious to hear what others have implemented.

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