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Replying to Avatar myles_snider

Yes, happy to.

We view stablecoins as just another form of rails for moving fiat money. Like ACH or Wire. We can leverage any stablecoin rails and use Solana because it’s low-cost and fast. It also allows us to deliver the loan capital trustlessly via an atomic swap.

But just like other fiat payments rails, we don’t think the end user should have to be exposed to any of the complexity. So we don’t require users to hold any gas tokens, pay gas fees, etc. We abstract all of that away. And if a user wants to simply withdraw their dollar balance to their bank account instead, they can easily do that.

Lmk if that clears it up. Happy to answer any additional questions!

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DireMunchkin 7mo ago

OK so basically just as a rail to pay out stablecoins then?

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myles_snider 7mo ago

Yep, exactly.

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