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> If a currency fluctuates in value This is why you want to use stablecoins. There is plenty to choose from.
by exo762 5y ago
> If a currency fluctuates in value
This is why you want to use stablecoins. There is plenty to choose from.
- doovd 5y agoSo just use fiat?!
- SQueeeeeL 5y agoThis just sounds like cash with extra steps
- throwawayay02 5y agoI don't know if there are any, but I can see value in a stablecoin representing a basket of different currencies.
- SQueeeeeL 5y agoThat also sounds like money, except with a lack of fluctuation in exchange rates
- rglullis 5y agoOr less steps. OP is asking for a way to collect money from customers to cover expenses that can be paid via crypto. By accepting stablecoins, OP: - Does not need to pay payment processor fees. - Does not need to wait days to have the funds available. - Does not have the risk of facing chargebacks - Does not need to take the money from the bank to pay crypto.
- Spooky23 5y agoThere’s this crazy new stablecoin called the US Dollar. Nobody can trade oil without it, and you can do ACH transfers that settle in a day for a quarter.