It's not necessarily up to the individual. It's the centralized exchange's decision to offer it.
I could be wrong, but I think the exchange needs to work with a US-based bank to process USDC redemptions/withdrawals. I know this was the case for Binance recently.
Any stablecoin is just a company that holds the denominated value in some form, and provides the ability to get that value back. Circle manages USDC. They have to bee more willing to work with partners abroad. Is that because of KYC/AML laws? Not sure.
Tether has been willing to work outside the US before Circle, and they did it back when crypto was demonized by all banks, more-so than today.
Also, I mentioned in another comment how Tether is used for settlement on derivatives. I don't know of that happening with USDC anywhere.
I could be wrong, but I think the exchange needs to work with a US-based bank to process USDC redemptions/withdrawals. I know this was the case for Binance recently.
Any stablecoin is just a company that holds the denominated value in some form, and provides the ability to get that value back. Circle manages USDC. They have to bee more willing to work with partners abroad. Is that because of KYC/AML laws? Not sure.
Tether has been willing to work outside the US before Circle, and they did it back when crypto was demonized by all banks, more-so than today.
Also, I mentioned in another comment how Tether is used for settlement on derivatives. I don't know of that happening with USDC anywhere.
https://news.ycombinator.com/item?id=34635091