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?
Stable coins can be a way for the shops to cash out their daily sales and then they can sell those stable coins at the end of the month for USD or in their local currency.
But they can easily be fooled by people with fake transactions if the shopkeeper don't know a thing about digital currencies so educating them will be a big problem as accepting cryptocurrencies isn't like accepting payments through POS terminal and also not easy like accepting cards or in digital wallets.