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David Furlong
@df
Just did a test to see where I should exchange my money... it seems that onchain foreign exchange is cheaper than offchain after fees A comparison of swapping 1000 USD to EUR: Llamaswap (via @matchaxyz): 894 euro (USDC -> EURC -> offramp for free via bitstamp) Bank 1: Revolut: 885.23 eur Bank 2: Bunq: 890 euro Bank 3: Wise: 890 euro Exchange Xe: 881 euro
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David Furlong
@df
And the other direction is also cheaper onchain (in case there was a temporary depeg) 1000 EURC -> 1114 USDC via matcha 1000 EUR -> 1109 USD via Wise
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