ARK v1 has a high liquidity requirement: the ASP has to allocate 1 month of payment volume in liquidity. This means that to reach Visa, the ASP needs ~1T$. When the liquidity requirement is so high, there can only be a few companies that are ASP (and the state can rug them)

Don't forget that users also add liquidity when they onboard the Ark.

lightning

Ark VS Ecash by Pippellia

Rsync25

> ARK v1 has a high liquidity requirement: the ASP has to allocate 1 month of payment volume in liquidity. This means that to reach Visa, the ASP needs ~1T$. When the liquidity requirement is so high, there can only be a few companies that are ASP (and the state can rug them)

Don't forget that users also add liquidity when they onboard the Ark.