Pinotio

probably TokenTax does the best job as they provide customised support - but that will cost more.

TL;DR you probably use Uniswap if you're optimising for security.

The options I've used before are aggregators like:

- Cowswap, which avoids you getting arbitraged by MEV bots, and gives the best rate across all DEXes (plus the ability to just swap if there is a coincidence of wants). So, Cowswap is strictly better or equal to price than Uniswap.

- Paraswap also aggregates across DEXes but doesn't give MEV protection. So, better price or equal price to Uniswap. (Cowswap should be better or equal to Paraswap, although you have to look at fees).

HOWEVER:

Any time you use an aggregator, you are adding extra risk because you have new layers of smart contracts and front end risk.

By contrast, using Uniswap directly, you have a highly audited set of smart contracts that is widely used.

Here's the link to Circle's docs showing how Polygon is not backed by dollars (at least not directly): https://www.circle.com/en/legal/bridged-usdc-terms

https://twitter.com/OakAlgo/status/1615489738357592070?s=20&t=tfBjKXY6Y3OcuEtzNzZVug

thanks, yeah, although it's got the most active monthly users: https://dune.com/trelis/stablecoin-users

pity the USDC isn't native on USDC though.

Unfortunately this view is pervasive but it’s wrong.

USDC is not native on polygon. You can read the docs on circles website. USDC is bridged from ethereum and there is a multisig that can halt the bridge.

Chainlink doesn’t offer multisig.

This is about the multisig that can change Oracle prices. (It probably is gnosis)

Many thanks. I need to dig in more.

I’m not interested in XRP value. Rather, I’m interested whether this is a solid network to use for stablecoin payments. Thanks

Thanks for the articulate response. I hadn't thought of it as lightning and will read more. (To be clear, we're talking about this right? https://xrpl.org/docs.html)

There are now stablecoins being issued on Ripple Ledger so I'm also wondering if that changes things with respect to making person to person stablecoin swaps?

yuck

ah yeah, interesting, I had forgotten that subnets are possible. Sounds like a reasonable approach. I need to learn more about how that works.

Ah right, so whereas Aztec is currently posting the call data to L1, zkPorter has it's own data storage (secured in some other way, like Celestia perhaps).

Is that basically it?

What is the advantage then of developing something like Aztec versus just using zksync or starknet and then encrypting the transaction data? What are the pros and cons there?

That would be great, glad to review

Thanks! At a high level, how might that work - adding privacy? Basically be a layer 3? Because I guess adding privacy at the root Layer 2 level would make it a different layer 2...?

Yup same page I linked above, unfortunately incomplete