#StablecoinPayments Stablecoins and the most famous among them: USDT (Tether), USDC, and DAI
Uses:
1. Stores and Restaurants:
Some stores in developed countries and some developing countries (such as the UAE and Singapore) have started accepting stablecoins as a direct payment method.
These stores rely on electronic wallets or POS terminals.
Advantage: instant transfer, low fees, and no need for intermediaries.
2. Websites and Digital Stores:
E-commerce companies Shopify and WooCommerce have started to allow 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.
4. Banks and Financial Institutions: