#StablecoinPayments

#StablecoinPayments

Firstly: What are stablecoins?

The most popular stablecoins include: USDT (Tether), USDC, and DAI

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.

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 for purchasing products, subscriptions, and donations.

And to reach customers in countries facing inflation and banking instability.