I thought about the use of cryptocurrency by merchants for day to day trade settlement. When combined with fiat, it gives customers a lot of options and flexibility to chose how they transact. On the flip side, I am also thinking that crypto volatility could poss a lot of dangers and issues when adopting crypto for payment.
What do you think about the future of cryptocurrency payment, will conventional altcoin (non-stablecoins) have a chance or the race will solely be won by stablecoins?
The world has switched to digital, including in terms of payment or transaction. Cryptocurrency is still fluctuating in price, but as an alternative payment and investment, I think cryptocurrency will continue to grow both in terms of technology and price
We can boldly say that, the world has been doing the right thing with cryptocurrency but, many merchants haven't understand the techniques around the digital payment methods. Due to cryptocurrency volatility, many of these merchants have been afraid of this payment methods, though bitpay has Solved some partial aspects of the volatility but not in totality. Frankly speaking, cryptocurrency payment adoption has not been growing because of fear in the minds of those merchants. The payment would have be reliable if the volatility was minimal in nature.