Hi, Does anyone know of a service that sets up Outgoing Direct Debits from crypto,
to automatically take care of monthly utility and service payments,
most likely by assigning a personal IBAN
(which essentially creates a crypto offramp).
Incoming Direct Debits to fund crypto, like for a savings account is common enough, but
Outgoing Direct Debits from crypto for payment of recurring bills is hard to find,
possibly because this would largely eliminate the need for banks, while
possibly providing some debanking protection too.
eToro Money, while international, offers this particular feature for people with UK addresses only.
Mine's EU.
to automatically take care of monthly utility and service payments,
most likely by assigning a personal IBAN
(which essentially creates a crypto offramp).
Incoming Direct Debits to fund crypto, like for a savings account is common enough, but
Outgoing Direct Debits from crypto for payment of recurring bills is hard to find,
possibly because this would largely eliminate the need for banks, while
possibly providing some debanking protection too.
eToro Money, while international, offers this particular feature for people with UK addresses only.
Mine's EU.