0 sats \ 0 replies \ @cointastical 21 May 2023 \ on: Strike expands Bitcoin payments to 65 countrie moves headquarters to ElSalvador bitcoin
Some additional comments on this topic, from the SN post featuring a (terribly breif) CoinDesk article on the topic:
Bitcoin Payments App Strike Expands to More Than 65 Countries From Three
#181787
https://www.coindesk.com/tech/2023/05/19/bitcoin-payments-app-strike-expands-to-65-countries-from-three/
So no fiat rails in these countries, yet.
That is kind of surprising. I was assuming, with Strike being a U.S.-based exchange that my USD balance in my Strike account was held in some USD bank account in the U.S. Never assume, in this industry!! Of course, going to where El Salvador is there HQ I just assumed they would switch to stablecoins or something at that point, but going back I can't say I was aware they had already done that.