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.

Does it need to mint?
Or can it just buy USDC from Coinbase and send it to your address?

What's the naunced difference vs Coinbase today?

I'm basically using Coinbase as a fiat bridge :)

working on nouns protocol ⌐◨-◨ https://mirror.xyz/verbsteam.eth

Yes, but you want to make it accessible almost anywhere, *allow withdrawals back to fiat* (FTX was better than CB there wrt international coverage), and ideally reduce incentive for users to leave it on. By minting to an address, the user never loses custody (except between funds being sent and coins minted).

Exactly. We're building bridge.xyz ... we basically provide APIs so developers can embed this natively. It could exist in a non-custodial wallet ... making the wallet v similar to bank account - or as part of a payments experience - like payroll or expenses.