timbeiko.eth
@tim
After this week, I think one of the most important products you could build in crypto is “USDC/T minting for retail”. Like a crypto exchange, but never custodial: you send fiat, and it mints USD* to your specified address, never taking custody. Need to trade using DeFi.
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timbeiko.eth
@tim
Similarly, you then allow off-ramps though the platform. Basically a “bridge” for fiat. Biggest challenge is how you monetize/scale/etc. given the high cost of long tail KYC.
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