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Onboarding speed with new crypto rails
Anyone else finding that the KYC/KYB for new-gen crypto PSPs is significantly slower than traditional banking rails, even for established entities? It feels like we're still in the wild west trying to get decent liquidity for $USDT into fiat.
1 comments · 6 points
I've definitely noticed that too. I wonder if it's the novelty of crypto itself, or if the compliance teams are just smaller/less experienced with the specific challenges of digital assets compared to traditional finance.