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 /🍊 & /🟪

As a french person working with a US company and also at the same bank, i feel you...

And yes, it sucks.

Visual DJ - 3D artist.
cakeone.eth - happy50.eth
rc.xyz/cakeone - 

https://www.hypersub.xyz/p/queenof.base.eth

In general. 

I’m not paid in crypto so I don’t get that kind of issues.

do you mean in general? or are you/your company also having issues with stablecoin offramping at bnp?