I am considering to provide a service under transwiser.com to enable user to do BitUSD/USD.Bitstamp exchange instantly and automatically.
after the service be launched,user can do exchange as this:
1:BitUSD ->USD.Bitstamp, user send BitUSD to a BTS ID, say, bsusd.transwiser, and give ripple address in the memo, in 1 minutes, the according quantity of USD.Bitstamp will be send to the left ripple address.
2. USD.Bitstamp -> BitUSD, user send USD.Bitstamp to a ripple recepient, say bitusd@dotpay.co, using rippletrade client, leaving a bts id in the comment field, about 5-10 minutes later, the according quantity of BitUSD will be send to the left bts id.
it is not difficult to realize this service technically, however, anyone need it? is it worth doing?
Thought?