logoalt Hacker News

rvz • today at 4:47 PM • 2 replies • view on HN

So FedNow for Canada, meaning you can't use this outside of Canada at all.

Crypto blockchains like Solana, XRP, Stellar and Tempo on the other hand can be used anywhere worldwide, 24/7 and sends stablecoins like USDC in seconds with extremely low fees.


Replies

petcat • today at 4:52 PM

Crypto blockchains are useless for these kinds of transactions because in the real world people make mistakes, get scammed, or myriad other things that requires a transaction to be reversed.

➕ show 1 reply
greyw • today at 4:54 PM

As understand it, these mechanisms do not help in the case of fraud or disputes. No way to reverse transactions.

➕ show 1 reply