In r/Solana, using USDC for cross border invoicing looks cheaper than wire fees, but builders report banks flagging or closing accounts when funds arrive from Coinbase, making fiat off ramp reliability a core risk.
Last year one of our bigger clients in Dubai asked if they could start paying in USDC on Solana because wire fees were eating into their budget
We off ramp through Coinbase into our business checking and thats where the problems start.
I off ramp ETH through Coinbase into my BofA account and got the same treatment and get two compliance calls in 6 months over completely normal transactions.
I had 3 accounts closed for on ramping to the exchange.
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