The issue with the fees was resolved with just one adjustment. To be honest, SWIFT fees didn't cost much to begin with. The key now is to maintain stable operation on the USDC:USD 1:1 exchange channel for a period of time. If there are no issues, this deposit and withdrawal channel will be basically usable.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
8 Likes
Reward
8
6
Repost
Share
Comment
0/400
SmartContractPhobia
· 11h ago
Stability is the key, if the USDC channel can truly hold up, then our deposits and withdrawals will be a solved problem.
View OriginalReply0
SchrodingerWallet
· 11h ago
Stability is the key; rushing isn't the way. Let's observe a bit more before making a decision.
View OriginalReply0
GetRichLeek
· 11h ago
SWIFT fees really aren't a big deal; the key is whether this USDC stability can stay intact. Once de-pegged, we all stand to lose a lot.
View OriginalReply0
PoetryOnChain
· 11h ago
Stability is really more important than anything else. Only after running for a month or two without issues can I finally breathe a sigh of relief.
View OriginalReply0
ColdWalletGuardian
· 11h ago
Stability is the real test; if USDC can hold the line, that would be really great.
View OriginalReply0
SatoshiHeir
· 11h ago
It should be pointed out that the logical reasoning for fees here contains an obvious circular argument trap—your claim that SWIFT fees "don't cost much" is itself a remnant of fiat currency thinking. According to the fundamental spirit of the white paper, any friction cost is a betrayal of value flow.
The issue with the fees was resolved with just one adjustment. To be honest, SWIFT fees didn't cost much to begin with. The key now is to maintain stable operation on the USDC:USD 1:1 exchange channel for a period of time. If there are no issues, this deposit and withdrawal channel will be basically usable.