#StablecoinPayments #StablecoinPayments

First: What are stablecoins?

Stablecoins, among the most famous are: USDT (Tether), USDC, and DAI

Their uses:

1. Shops and restaurants:

Some shops in developed countries and some developing countries (such as the UAE and Singapore) have started accepting stablecoins as a direct payment method.

These shops rely on electronic wallets or POS (Point of Sale) devices.

The advantage: instant transfer, low fees, and no need for intermediaries.

2. Websites and digital stores:

E-commerce companies like Shopify and WooCommerce have started to provide payment gateways that accept stablecoins.

They are used to purchase products, subscriptions, and donations.

And to reach customers in countries suffering from inflation and banking instability.

3. Companies and institutions:

Companies use stablecoins for settling international payments. Meta and Visa have started trials to integrate USDC into their operations.