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European payments groups join forces to challenge US dominance

63 points · 92 comments · vrganj

  1. rattlesnakedave · · focus · HN ↗

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    1. hvb2 · · focus · HN ↗
      Why do you need a stablecoin if you can send the currency itself directly? If I have euros and the recipient wants euros, why would I need a stablecoin?

      Solution looking for a problem?

      1. rattlesnakedave · · focus · HN ↗
        This is a child’s understanding of international remittances
        1. hvb2 · · focus · HN ↗
          Care to elaborate?

          In Europe I can literally type someone's IBAN and hit send, if arrives in seconds. So not sure what I need a stablecoin for.

          1. rattlesnakedave · · focus · HN ↗

            [dead]

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