stablecoins

europoooooor

as the founder of a US company with a team based in the EU, i run payroll from an EU subsidiary (french sarl)

we do a lot of cross border txs, both in fiat & crypto, so frequently on/offramp USDC via circle, which hasn't been an issue at our US bank; and with the recent push of EURC, i was super excited this would make transfers to the EU entity simpler, faster and cheaper

however, each time i've made a wire so far, our french bank, bnp paribas, gives me so much shit, demands heaps of documentation 😭

is anyone else trying to leverage EURC in any real-world capacity today? is it just bnp that sucks? or am i being foolish to expect meaningful stablecoin adoption at any institutional level in /europoooooor anytime soon?

building /quidli 🦑, casting in /justinahn, daoing in /🍊 & /🟪

no advice but i was also really excited about EURC and this makes me really sad to read

investor @fabric-vc (/opencontributors)+ 
core team @she256

to be fair, it may be just a bnp and or a france thing

nevertheless frustrating though when i thought we'd made big progress with the decisions on mica 😵