I'm trying to build an application that makes use of stablecoins, but I keep hitting the wall of my users being stuck with the stablecoins as it requires them to have to pay the parent native token fees which could be bitcoin or eth. Is there any type of stablecoin where I can just send to my users and let them send it back to me without having to deal with fees.

closed as off-topic by Andrew Chow Jul 17 at 21:18

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  • 2
    For any cryptocurrency, transaction data has to be stored somewhere, and so there is potential for a DoS if people can create an unlimited number of transactions at no cost. Fees are the typical way to avoid this. Hence I doubt that you will find any currency with no fees at all. – Nate Eldredge Feb 26 at 21:59
  • @NateEldredge but you're thinking in the case of something legit, like Bitcoin. For some centrally-controlled stablecoin, I could see a situation in which a business offers 'free transactions' to customers, while profiting otherwise by selling their data, etc. I definitely do not recommend using such a service, I just wanted to point out that sometimes 'free' really just means the costs are hidden. Otherwise I agree with your comment. – chytrik Feb 26 at 22:25
  • Bitshares trades crypto at an extremely low fee. There are stablecoins being traded there – Cedric Martens Feb 27 at 0:37
  • What do you need the stablecoin for? Why not just let them maintain fiat balances that you track? (You can then charge a "withdrawal fee" to cover your transaction fee in giving them a stablecoin if you want, but they only need that to go outside your system.) – David Schwartz Feb 28 at 16:29
  • @DavidSchwartz Because now I have to deal with holding other people's money and now it involves KYC and all this regulation crap. As a developer that's something I don't want to deal with. – Patoshi パトシ Feb 28 at 16:36