I would wait just a bit longer before doing anything that would heavily depend on reliable bridging between L1 and L2.
Exchange listings also don’t mean what they used to and ~everyone has caught up with that. This was a lesson fxhash decided to learn for themselves.
A 1:1 onramp from Coinbase for stables (any stable) has been a persistent complaint for years. USDC is 1:1 on Etherlink today and could satisfy that roll, the issues are:
- I can’t send directly Etherlink, it has to be bridged from Base
- There’s no way to bridge it to L1 at all
- Objkt doesn’t listen to user feedback on this. No one even bothers asking anymore. The art community has just factored in implicitly that the cost of being on Tezos is an extra 10-20% in fees.
I’ll admit to mostly skimming here and maybe missing something and these are just disparate thoughts but I continue to not see the vision here. My read on the future is that if my bank has a stable on Tempo I’m never using Coinbase again.
