Trying to set up a recurring payment to someone and looking for the stablecoin with cheapest gas fees. That they can turn into cash USD and to their bank account.
If you're looking for the cheapest stable coin and then you should avoid to use ethereum blockchain. Im always using BUSD or USDT tron to avoid the non sense fees on ethereum blockchain. That consumes only a dollar to withdraw it but im not coming from US.
For instance USDC to coinbase and then cash.
But this is too expensive with transaction fees on Ethereum to use now.
Have you tried FTX US? This exchange site let you to withdraw your money into the cash with very cheap fees. You can even send your stable coin anywhere with zero fees as FTX will always give you discount fees that makes the transaction fees in your stable coin other than ethereum network became zero fees. it's worth to try.
Any experience with this? Thanks
The point is to use the stable coin that was using the network other than ethereum.