Question of the Day on Instagram 👀 If I can send USDC directly from wallet to wallet, why do I still need a bank? You don’t need a bank for every single step anymore! For a regular bank transfer or purchase, you’re still using Visa or PayPal. These services and banks remain necessary when you want to convert USDC back into fiat currency or use it for a physical purchase. The mechanism is straightforward: you sign the transaction with your wallet, Ethereum validators process it, and the recipient receives the token directly. This works 24/7 without intermediaries. So for pure on-chain payments, you don’t need a bank—but for converting to euros or dollars, an institution is often still required. Thanks for your question! #USDC #Stablecoins #Ethereum #DeFi #QuestionOfTheDay