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For accepting crypto payments wouldn't I be better off accepting a stable coin? Most companies I saw in the past were nominally accepting crypto but going throu
by robryan 2y ago
For accepting crypto payments wouldn't I be better off accepting a stable coin? Most companies I saw in the past were nominally accepting crypto but going through a service that would just pay out the USD equivalent.
I guess with software margins there is a bit more room to move with price fluctuations. For ecommerce though accepting and holding a currency that moves this much could quickly erode the smaller margins.
- hugs 2y agoThe idea I'm looking into is for a high margin thing that can absorb price fluctuations. Re: stablecoins, I did notice that one of the YC Request for Startups was for stablecoin-focused startups, but I don't have a strong opinion about stablecoins, yet. https://www.ycombinator.com/rfs#stablecoin-finance https://www.ycombinator.com/rfs#stablecoin-finance