Post
Topic
Board Altcoin Discussion
Re: StableCoins might increase crypto adoption by big companies ?
by
efxtrader
on 04/11/2019, 08:19:11 UTC
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?

If the problem is use as a direct payment tool, I think we can use a credit card instead of a stable coin. Bitcoin and other cryptos should be used as digital assets and might be used as a means of payment. In my opinion, stable coins should only be used in exchangers and when exchangers have received deposits and withdrawals with fiat, then actually stable coins can not be used