Sohey.base.eth on Warpcast

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justin.framedl.eth pfp

justin.framedl.eth

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?

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Sohey.base.eth pfp

I’ve been using Bunq @ & Revolut with euroc and have not had any issues with off ramping. But bunq did send me a warning but only when I tried to send money to my cb account

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justin.framedl.eth

can bunq be used by companies? not sure about other european countries, but i feel we always have to tiptoe around deposits in particular in france as the banks (not just bnp, i also have issues with socgen for my personal banking) are super sensitive re: inbound txs...

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Sohey.base.eth pfp

Yes I have business bunq account and I receive my salary in crypto so I have to send a transaction every month. I’ve also never had an issue with ING bank.

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justin.framedl.eth

wowow, this seems promising! gonna look into this one more, thanks 🙏 1000 $degen

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