So, Marshall Long, the OG bitcoiner, found himself in a pickle! He had to use stablecoins to send money to a worker’s family in Iran. Who knew? Turns out, stablecoins are the real MVPs during a war! They’ve got those fiat ramps that Bitcoin just can’t compete with! 😂
Stablecoins, Not Bitcoin, Completed This Tricky Remittance
In a tale that could only be told on social media, our hero Marshall Long, the Director of Product Development at Auradine, shared his wild adventure of sending remittances to Iran, a place that’s currently more chaotic than a Mel Brooks movie! 🎬
Long’s story goes like this: One of his Iranian workers, an electrician, decided to visit relatives in Tehran, only to get caught in the middle of a conflict. Talk about bad timing! And guess what? Bitcoin didn’t even make the cut for this money transfer! It was like bringing a rubber chicken to a sword fight! 🐔⚔️
Long explained:
We managed to get her money through an on-the-ground broker. We had to send TRC-20 USDT, which I’ve been dodging like a bad date! But after some swapping, defying the odds, and maybe a little sushi magic, we finally got her cash in hand! 🍣💸
Long scratched his head, wondering if stablecoins were the shining stars in this dark conflict. Why did these brokers prefer stablecoins over Bitcoin? It’s like choosing a reliable umbrella over a leaky bucket! ☔️
“Can someone please explain why Bitcoin couldn’t have done this? Are people really that worried about waking up to a price drop during a war?” he mused, probably while sipping a cup of coffee and contemplating life’s mysteries. ☕️🤔
Experts chimed in, saying that stablecoins are like the calm in the storm, while Bitcoin is the rollercoaster ride! The speed of money transfer is almost instant with USDT on Tron rails, while Bitcoin takes its sweet time, like a tortoise in a marathon! 🐢🏁
Stablecoins have been the go-to during inflation and tough times, especially in places like Argentina and Venezuela. They’re like dollar proxies that everyone can easily grab! 💵
“What a surreal experience! I feel like I need to hit the books and learn a LOT more,” Long concluded, realizing that Bitcoin isn’t the magic wand for every situation. Who knew? 🤷♂️
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2025-06-19 23:06