You are viewing a single comment's thread from:

RE: LeoThread 2024-12-20 16:21

in LeoFinance6 days ago

I am thinking about creating a GENERAL community inside #HiveP2P so anyone, no matter the locations can post p2p offers that can be complete from any country, like trading $HBD with $USDC.

What do you think of this? Would you like that?

Sort:  

But I'm to clueless to get which #problem is solved by it.

Right now there is no direct way to swap $HBD for USDC following the example, without a KYC, going through $HIVE first, and in #hivep2p you can even trade without fees.

Only in Korea can you trade with HBD, and that is with a KYC

USDC is inherently KYC

I don't know if you need to go through a KYC to receive USDC, but it is just an example of what can be done with #hivep2p.

USDC is created when depositing 1 USD on Circle's Banks, there is no way you can create a USD in the world without ID yourself, so the trace is mantained in all the USDC movement. Maybe they don't know who you are but they will be able to track every movement that USDC did...

that is how usdt works and other popular stablecoins but it has nothing to do with a p2p.

You don’t have to deposit 1 usd to get usdc or any other stablecoin, you just by it, earn it working or completely a p2p trade.

I understand what p2p is, I'm just pointing that specific USDC can be backtracked to a KYC ID, and if is spent at any time will be also identified.

Yes do it 👏

Added to the Roadmap, my friend

This is a brilliant idea. So can we trade USDT too. That would be awesome.

yo lo haria incluso no restringiera el objeto de cambio pues si quieres cambiar HBD por un Libro o un activo digital no veo problema hay muchos usuarios que so puedes resolver algunos productos y pues esta via podria ser una aunque atipica.