Colin
@colin
What are best practices for making use of a large amount of stablecoins? Eg received as part of a VC investment. Ideally I’d like to minimize fees. Open to not only off-ramps but also other applications that can convert stablecoin into [other thing].
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shane
@shane
Pay salaries perhaps?
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Colin
@colin
But how? Not everyone can or wants to take salary in stablecoin
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shane
@shane
yeah dunno. what was the intention behind raising VC with a stable coin?
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Colin
@colin
Investment DAOs eg GCR or SCV pool together stablecoin and invest together. Don't think they have processes in place to wire vs use usdc directly
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shane
@shane
gotcha makes sense. salaries was the first thing I thought of because it is often the biggest expense by far. not sure your plans for team structure/growth though. hope you find a good path
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