#StablecoinPayments
refers to the use of stablecoins—cryptocurrencies pegged to stable assets like the US dollar—for making payments. These payments combine the speed and low cost of crypto transactions with the price stability of traditional currencies.
Key Benefits:
Low volatility (unlike Bitcoin or Ethereum)
Fast, borderless transactions
Lower fees compared to traditional banking
Accessible 24/7 without relying on banks
Popular Stablecoins Used:
USDT (Tether)
USDC (USD Coin)
DAI (decentralized and crypto-collateralized)
Use Cases:
E-commerce payments
Remittances
Freelancer payouts
Cross-border business transactions