Stablecoin payments refer to using stablecoins—cryptocurrencies pegged to a stable asset (usually the US dollar, like USDT, USDC, or DAI)—for transferring money or making purchases. Here's a quick overview:
Key Features:
Stability: Unlike volatile cryptocurrencies (e.g., Bitcoin), stablecoins maintain a consistent value.
Speed: Transactions are processed quickly, often within seconds to minutes.
Low Fees: Especially when using Layer 2 networks like Arbitrum or Polygon.
Borderless: You can send/receive payments globally without relying on banks.
24/7 Availability