P2P is hit or miss, you might wait days to find someone willing to trade your amount at a decent rate. Big exchanges have liquidity but their fees stack up fast, especially for bank transfers. If you’re moving a serious amount, those percentages add up quick. You can exchange USDC to EUR via SEPA, for example, here: https://nimlab.eu/exchange/usdc-erc20-to-banktransfer-euro/ . The rate is usually competitive and they transfer directly to your bank account without the runaround.