First you should understand that the world is advancing and evolving technologically, and very soon stable coin will be used as cash for transaction online and making payment. But as for now that is yet to be made possible. I hope it happened soon.
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Yes and I prefer using crypto to shop especially cheap fee tokens like tron,xrp,bnb or Trc usdt. Bitcoin and Ethereum can be tricky some times due to their high transaction fees. Good Coinbase pay is trying to make things better but I think attention should be shifted to usdt on tron platform because it has what it takes to replace fiat currencies.No Cryptocurrency can determine whether it will be acceptable for payment or not, shop owners to. So whether stable coins are ideal for online payment or not depends on the rules set by the shop owners. many online stores even accept bitcoin as payment method so it's not a bad idea.
In my opinion I think this is perfectly ideal to include in your online payment options. It is safe and doesn't fluctuate in value like other cryptocurrencies if you had used them for your payment processor. Your value worth will still be maintained.Years ago there are many online website store who added Bitcoin on their platform as a payment method.
Then with the time they have deleted it because of the instability Bitcoin price vs dollar.
But now I think with the creation of stable coins Tether USDT, USDC....etc will be the best option as payment method for online store, because the stability prices.
What do you think about stable coin as an online payment method?....
Exactly what i was thinking it's almost the same as fiat and stable at a dollar. I think it will only be good for buying other Cryptocurrencies and trading but with online stores it's also possible but there's no reason or need for it.Maybe I guess online stores don't accept stable coins because they share almost the same features with fiat and yet they have higher transaction fees. Because of the transaction fees, they prefer the fiat to the crypto stable coins.
Stablecoins are digital assets that aim to manage volatility by tracking the values of more stable assets, such as fiat currencies like the U.S. dollar. Though the name might imply otherwise, stablecoins are not without risks for investors. Here are three things to know about stablecoins.I think stablecoins especially usdt has been underutilized by payment platforms. That's the crypto token that should replace fiat currencies online. It'll make transactions faster and flexible. Maybe the factors hindering it includes it's anonymous nature which will make scammers have a field day. Also it's transaction fees is costlier than that of fiat currencies.
Stablecoins are digital assets that aim to manage volatility by tracking the values of more stable assets, such as fiat currencies like the U.S. dollar. Though the name might imply otherwise, stablecoins are not without risks for investors. Here are three things to know about stablecoins.I think stablecoins especially usdt has been underutilized by payment platforms. That's the crypto token that should replace fiat currencies online. It'll make transactions faster and flexible. Maybe the factors hindering it includes it's anonymous nature which will make scammers have a field day. Also it's transaction fees is costlier than that of fiat currencies.
Yes,they're crypto answers to fiat currencies. They're meant to serve as fiat in the crypto world. One of the issues they have is that they don't have enough liquidity like their fiat counterparts who have been there since ages. There are so many of them too due to the open market system of cryptos. If few can be adopted and backed with the required liquidity, I see them reaching their full potentials.Stablecoins are digital assets that aim to manage volatility by tracking the values of more stable assets, such as fiat currencies like the U.S. dollar. Though the name might imply otherwise, stablecoins are not without risks for investors. Here are three things to know about stablecoins.
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Stablecoins are digital assets that aim to manage volatility by tracking the values of more stable assets, such as fiat currencies like the U.S. dollar. Though the name might imply otherwise, stablecoins are not without risks for investors. Here are three things to know about stablecoins.
If USDT and USDC are backed even by the countries of the world if would be better though lots of countries are now launching their own digital stable coins so we may have many of them.Yes,they're crypto answers to fiat currencies. They're meant to serve as fiat in the crypto world. One of the issues they have is that they don't have enough liquidity like their fiat counterparts who have been there since ages. There are so many of them too due to the open market system of cryptos. If few can be adopted and backed with the required liquidity, I see them reaching their full potentials.
If USDT and USDC are backed even by the countries of the world if would be better though lots of countries are now launching their own digital stable coins so we may have many of them.
Yes the launching of so many stable coins is the main issue plaguing stablecoins recently. I think usdt has both trc20 version that has a very cheap transaction fees. Maybe a major payment processor can adopt it as it's dollar alternative. It'll surely give it a boost it deserves. It'll make other platforms see it's advantage.If USDT and USDC are backed even by the countries of the world if would be better though lots of countries are now launching their own digital stable coins so we may have many of them.
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