How do I send stablecoin to a source? (Off-Topic Discussion Relocated from QSC Thread)

[Quim]

Would it be possible to explain how a transaction using USDC works? If I understood correctly it could go like this (at least for my case):

1.) Have in my Tangem wallet some SOL for gas fees.
2.) Using Kraken Pro; buy USDC.
3.) Transfer from Kraken Pro to Tangem using ERC20/Solana networks.
4.) Transfer from Tangem to QSC USDC using again (?) SOL gas fees and using the network ERC20/Solana?

Isn’t it possible to buy USDC on Kraken PRO and send it directly to the seller’s wallet?

EDIT: After reading the rest of the thread, I realized you prefer to send it to your own wallet first for privacy reasons.

 

[DimitarGrgv]

Ugh I’m old and only use cashapp and btc now I gotta figure out stablecoin. No hurry I’m stocked up and yeah I’ll figure it out, but I was happy to tip 10% for unstable currency using btc. Tracy mentioned paypal but that shit is cancer for small business owners they’ll sit on your $ and let you send complaints to an email monitored by a 1990s IBM 286

I use Revolut because I don’t own or have crypto

 

[Definitely Maybe]

First time doing this.

Bought some USDC on Crypto.com

Went to transfer 20 USCD to my Cake Wallet as a trial run and they want 10 USDC transfer fee.

That’s half of what I’m sending.

Are these high fees just down to Crypto.com or is that the going rate ?

 

[GTS]

I too am trying to get the basics down of all of this. I was fine with bitcoin but this process seems a little more confusing to me. Good info in this thread.

Is anyone familiar with paying PYUSD? Is that as simple as buying on PayPal, sending to my external wallet, and then sending to source? Any reason to avoid the PYUSD?