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c/cryptopay·submitted 1 year ago by u/zeynep_villalobos

unpopular opinion: most of what gets said here about USDC is guesswork

PSAbranch of 8 comments

unpopular opinion: most of what gets said here about USDC is guesswork. It is the sort of thing everyone half-believes and nobody writes down. Got a quote with a fifteen-minute expiry and assumed it was a pressure tactic. It was just a held rate. Sent to the right address on the wrong chain years ago. Nothing to be…

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8 comments, started 1 year ago
u/anders_vermeulen228 points·1 year ago

Some chains require a memo or destination tag to route funds to the right account. Omitting it on those chains is one of the more common ways payments go astray.

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u/stablecoin_steveMOD138 points·1 year ago

Wallet address redacted from the post above. Hashes are fine here; addresses are not.

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u/zeynep_villalobosOP131 points·1 year ago·edited

Memo requirements are chain-specific. The chain you are describing does not use one.

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u/saskia_wojcik33 points·1 year ago·edited

Yes — the same token symbol on two chains catches people constantly and it is unrecoverable.

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