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> I just did a $25,000 wire internationally with a currency exchange in the middle and it cost $75. It went through in one business day.

This is exactly what I'm talking about and I'm not certain whether you're sarcastic .. Paying $75 on a 25k amount with a transaction time of 24 hours to complete is absolutely insane. You'd have used USDT or USDC or any other stable coin, you would have paid <$1 of fee and got the transaction done in seconds.



How about the exchange rate padding when you go from crypto to useful currency and back?


it's a 1:1 when you convert a stable to USD - some exchanges might take a small fee like 0.01% or so ... On Coinbase it's a 1:1 https://www.coinbase.com/en-de/converter/usdc/usd




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