Tag: DAI payment processing

What Are Stablecoins?

CoinPayments
What are Stablecoins__web

More merchants than ever before are accepting cryptocurrencies, and that’s a good thing! The crypto market is decentralized, secure, and enables store owners just like you to accept payments from around the world in moments. By accepting cryptocurrencies, you increase your potential customer base and may see greater profits down the road. But the crypto market’s general stability is only because of unique crypto-tokens called stablecoins. These vital pieces of the crypto market play a big role in the value of popular coins like Bitcoin. Today, let’s take a deep…

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DAI

CoinPayments

DAI (DAIJ): Decentralized Stable Coin DAI Quick Stats As the cryptocurrency market has matured, there has been a push to solving the volatility issue that hampers wider adoption of the technology. To help cryptocurrencies move past investments and into consumption the incentives to buy and hold must be resolved through this stabilization. The “stablecoin” was made to solve this. A few have been created which utilize Bitcoin technology, however, DAI was created on the Ethereum blockchain, the first stablecoin to do so. CoinPayments now provides and integrations so merchants can…

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