2025-12-25 15:26:41

Stablecoins have become the most commonly used tool in the crypto world, but when it comes to real money flow, everyone is stuck on the same issue: identity verification.

Using this deposit and withdrawal channel requires KYC, switching to another app means redoing KYC, using a service similar to a new bank? Start from scratch, fill out forms again, verify, wait.

The real problem isn't with stablecoins themselves — stablecoins have long solved issues of price volatility and cross-chain liquidity. The bottleneck is this cumbersome identity verification system. User experience is infinitely degraded, and every interaction feels like repeating the same work. This fragmented KYC process is becoming an invisible ceiling for large-scale Web3 financial applications.

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WhaleSurfer

· 6h ago

Wow, this KYC is really something. Every time I switch platforms, I have to verify again, feeling like my identity information has been stripped bald.

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TopBuyerBottomSeller

· 6h ago

KYC is really incredible, every time I have to go through the hassle again, just like a parrot repeating the same thing.

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ValidatorViking

· 6h ago

kyc hell is real... every platform doing their own thing, zero interoperability. feels like running separate validator clients when you should just have one unified setup. fragmentation kills network resilience, same principle applies here tbh

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WenMoon

· 6h ago

This KYC repetitive process is really ridiculous. I have to copy and paste my identity information every time, and I'm completely dumbfounded.

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SilentObserver

· 7h ago

Here we go again. Every time I switch platforms, I have to redo KYC. It's really ridiculous. --- What does stablecoin actually solve? KYC is the real devil. --- This fragmented KYC process is really hitting the ceiling. --- Too lazy to fill out forms anymore. Every app requires identity verification again. So annoying. --- Honestly, it's still centralized entities causing trouble. Isn't this just traditional finance all over again? --- Web3 hasn't even taken off yet, and it's already being killed by KYC/AML. --- Wait, is everyone just repeating this process? Isn't there a unified identity solution? --- I just want to transfer some money. It shouldn't be this complicated.

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TokenomicsTrapper

· 7h ago

lmao so we're pretending kyc fragmentation is some shocking revelation... actually if you read the compliance framework, every platform's doing this intentionally. regulatory arbitrage 101. watched this movie before

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