You all might be knowing that Steam used to accept payments in bitcoin through BitPay, but they abruptly stopped it stating the price volatility of bitcoin to be the issue.
Stablecoins eliminates this very issue, could this encourage Steam or other companies like Amazon,etc. to start incorporating cryptocurrencies into their payment systems.
Is it possible some stablecoin might outperform bitcoin regarding this?
While its technically feasible to address issues such as high transaction fees and high volatility inherent to Bitcoin, stablecoins also had its share of issues particularly with the most famous and well used of them all, the USDT (Tether), which may be the reason why some merchants such as Steam hadn't opted in integrating it into their platform aside from the fact that the token is very well centralized in nature which is naturally frowned upon by most of the crypto-community.