My parents sold their house and got paid in USDT. They had been getting offers from this one government dude hence the USDT. They finally accepted an offer this morning and the buyer showed up 30mins later and sent them the money. All done just like that, violently fast, as my sister put it 😂

Contrast that to a few years ago when I helped my sister buy a house and got my bank account shut down cause I tried to wire transfer a large sum. I ended up having to get a cashiers check and depositing it at the bank of the person they were buying the house from.

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Discussion

This is why tether is cool for international transactions

Yeah, it would have not happened otherwise

I’m sure the guy could have just as easily sent bitcoin, but until people get to that point of wanting bitcoin instead of dollars stablecoins get the job done.

Super easy! USDT makes transactions so seamless

In 50 years, asking permission for digital transactions is going to look so stupid

They wouldn’t want to hold USDT for too long. Risky

Yeah it was just the medium of exchange. They will move it to the trad system and hopefully some to bitcoin too if they listen

I guess the risk might worth the time saved

The buyer didn’t have access to American banking which is why it was done with USDT

Fascinating!