Right now there is no direct way to swap $HBD for USDC following the example, without a KYC, going through $HIVE first, and in #hivep2p you can even trade without fees.
Only in Korea can you trade with HBD, and that is with a KYC
USDC is created when depositing 1 USD on Circle's Banks, there is no way you can create a USD in the world without ID yourself, so the trace is mantained in all the USDC movement. Maybe they don't know who you are but they will be able to track every movement that USDC did...
Right now there is no direct way to swap $HBD for USDC following the example, without a KYC, going through $HIVE first, and in #hivep2p you can even trade without fees.
Only in Korea can you trade with HBD, and that is with a KYC
USDC is inherently KYC
I don't know if you need to go through a KYC to receive USDC, but it is just an example of what can be done with #hivep2p.
USDC is created when depositing 1 USD on Circle's Banks, there is no way you can create a USD in the world without ID yourself, so the trace is mantained in all the USDC movement. Maybe they don't know who you are but they will be able to track every movement that USDC did...
that is how usdt works and other popular stablecoins but it has nothing to do with a p2p.
You don’t have to deposit 1 usd to get usdc or any other stablecoin, you just by it, earn it working or completely a p2p trade.
I understand what p2p is, I'm just pointing that specific USDC can be backtracked to a KYC ID, and if is spent at any time will be also identified.