Hype or Hodl

Share this post

Wordpress USDC Plugin w/ 0% Fees

pinotio.com

Wordpress USDC Plugin w/ 0% Fees

Why it makes sense for merchants

Pinotio.com
Nov 22, 2022
Share this post

Wordpress USDC Plugin w/ 0% Fees

pinotio.com

Hi folks, a very short post here on a plugin I’ve recently built allowing merchants to accept USDC on Wordpress.

The business case for merchants is simple:

  • Credit cards often cost 2-3%, sometimes more

  • Ethereum USDC transactions right now cost $0.6

For higher value transactions in particular, it’s cheaper to accept USDC.

What are the problems:

  1. Customers have to pay for the gas but don’t pay for credit card fees.

The solution is to let merchants pay for the gas fees - stay tuned!

  1. Gas fees are only low because crypto is low

Yes! But there is a window now and this gives more time for L2s to mature.

Want to guess what L2s I’m considering and why?

Thanks for reading Hype or Hodl! Subscribe for free to receive new posts and support my work.

Share this post

Wordpress USDC Plugin w/ 0% Fees

pinotio.com
Comments
TopNewCommunity

No posts

Ready for more?

© 2023 Pinotio.com
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing