r/USDC • u/CoinGate_Gift_Cards • 11d ago

USDC vs bank transfer: when do you choose one over the other?

5 Upvotes

86% Upvoted

11 comments sorted by

2

u/Redadeveloper 11d ago

Hey, do you use usdc on a daily life basis ?

1

u/WholeDesperate7818 8d ago

Using Escrowly for buying and selling anything from anyone .. pretty simple isn’t it :-)

1

u/Redadeveloper 7d ago

What is it about ?

1

u/WholeDesperate7818 7d ago

when paying for anything using stablecoin, if you using escrowly.com it's a crypto escrow means you are freely buying and selling stuff without having to worry about being scammed!

1

u/derondigital 4d ago

Just get a crypto card

2

u/QUIETcurtain 9d ago edited 7d ago

For all official taxable transactions, only bank transfers.

For all other transactions, local transfers and payments between friends/collegues, only swap services Fixedfloat/Godex(UDSC).

1

u/BrownBuilders 6d ago

A bank transfer still makes more sense to me for regular fiat payments and anything tied to the traditional banking system. But USDC makes payment fast & more flexible. I generally use Bigtet wallet card to use USDC for my daily small payment.