alt Hacker NewsAnd how are you supposed to convert USD to USDC to local currency at par? The exchange fees end up eating any savings you got from not using the normie SWIFT network, and then at tax filing time you have to account for paying / being paid in specie instead of cash.
- USDC to local currency at par
I edited my comment above to provide answer. Swap whatever stable to PyUSD (negligible) and then send to your Solana address in Paypal. You can also hold crypto in US banks pretty soon.