Working at a major tech unicorn's early days opened my eyes to how broken global payments really are.
Shuffling funds across 100+ countries? A nightmare. Transfers crawl at a snail's pace. Delays pile up without warning. Fees eat into every transaction. And forget about reaching certain regions—they're simply off-limits.
This isn't just inconvenient. It's a structural flaw in how money moves today.
Crypto changes the game entirely. Borderless. Fast. Accessible everywhere.
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just_vibin_onchain
· 9h ago
Cross-border transfers are really a nightmare; the bank's trap should have been eliminated long ago.
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probably_nothing_anon
· 10h ago
Nah, really, that trap system for cross-border transfers should have been changed a long time ago, the fees the banks charge are ridiculous.
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SpeakWithHatOn
· 10h ago
Cross-border transfers are really torturous, waiting forever each time, and the fees are outrageous.
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This is what TradFi looks like, it's only a matter of time before Blockchain comes to reform it.
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With over 100 countries involved, it's no wonder everyone is looking at crypto.
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That said, how many people are really using stablecoins for cross-border transfers now?
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The banking process really needs to be completely scrapped, the efficiency is shockingly low.
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I've seen too many cases of international transfers getting stuck, I sympathize with this person's experience.
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Borderless payment sounds nice, but how long until it's widely adopted...
Working at a major tech unicorn's early days opened my eyes to how broken global payments really are.
Shuffling funds across 100+ countries? A nightmare. Transfers crawl at a snail's pace. Delays pile up without warning. Fees eat into every transaction. And forget about reaching certain regions—they're simply off-limits.
This isn't just inconvenient. It's a structural flaw in how money moves today.
Crypto changes the game entirely. Borderless. Fast. Accessible everywhere.