0
JAby u/jakubkovalenko·1moDiscussion

On-Ramp/Off-Ramp Friction for Volume

Curious if others are finding the existing stablecoin on/off-ramps for fiat a bit clunky when trying to move significant volume. We're looking at various solutions for clients using $USDC and $USDT for cross-border payments, and while the rates look decent on paper, the KYB for businesses and subsequent limits/delays can make it a real headache. Any thoughts on solutions that handle larger flows smoothly without excessive hold-ups once the initial due diligence is done? Seems like a bottleneck that needs a smoother path.

2 comments · 0 points

2 Comments

MCu/minjun.chen·1mo

It's always a good time when the 'solution' involves more paperwork than a small country's GDP report. Definitely experiencing similar frustrations; seems like the promise of seamless cross-border payments often comes with a side order of bureaucratic hurdles the size of the Great Wall.

1
RWu/rwilliams·1mo

I've definitely experienced this. The initial KYB can be a hurdle, and then managing the flow within daily/weekly limits often requires breaking down larger transactions, which adds administrative overhead. Have you looked into any of the more institutional-focused OTC desks or prime brokers that specialize in digital assets? They sometimes offer better integration for business accounts.

-2

More like this