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…Read More
Crypto Payments: The Top 5 Coins You Should Be Accepting and Why
With the creation of Bitcoin in 2009, a radical new way of making payments emerged before our eyes: with decentralized digital currencies not controlled by any government, called cryptocurrencies. Since then, the development of this new form of payment continues to be exponential, being accepted by large corporations such as Microsoft, Etsy, Twitch, PayPal, Whole Foods, and even between countries. The entry of Bitcoin as legal tender in El Salvador, along with other important projects in the crypto ecosystem, made 2021 the year when cryptocurrencies became mainstream. As a result,…Read More
What Is DeFi? A Beginner’s Guide
These days, it seems like everyone has an opinion on cryptocurrencies, the blockchain, and “DeFi,” especially crypto investors. Unfortunately, not many people fully grasp DeFi, let alone understand it enough to explain how it works or how it benefits enterprises like yours. If you’re on the fence regarding DeFi and aren’t sure whether you should jump in feet-first, you’ve come to the right place. Today, let’s break down DeFi in detail and explore how it can benefit your small business in the years to come. What Is DeFi? In a…Read More
Stablecoins: What You Need to Know
If you’re a merchant, you’ve probably never heard of stablecoins as a digital currency. But if you are interested in utilizing crypto and digital assets for your business – whether it’s to accept payments from customers or use it to purchase new equipment – you’ll want to understand what stablecoins are and what they can do for you and your business. Stablecoins – What Are They? In a nutshell, stablecoins are a type of cryptocurrency. But stablecoin activities are necessarily attached or “pegged” to a certain kind of stable reserve…Read More
Is the U.S. Treasury warming up to Blockchain, Stablecoins for Bank Payments?
As a result, 2021 is shaping up to be the year we witness governments and financial institutions discard their resistance to changing the status quo and instead commit to the digital evolution of payments. However, for there to be widespread acceptance of novice currencies, we must overcome the primary hurdle of convincing people that they are more secure than most think. This is where blockchain technology steps in to provide skeptics with more reassurance. Digital coins have provided investors with opportunities of generating exponential returns as well as alternative investment…Read More
The New Face of Finance: Stablecoins?
Stablecoins: Knights in Shining Armor? The roots of the existing financial system run too deep to be overturned. But with the unmatched liquidity, higher returns, and more transparency that comes with cryptocurrencies, it became harder to accept the status quo. The world got stuck in the middle. On one side of the camp are those that believe the “stable” financial structure, which has been around for centuries, does not need replacing. The other side could not ignore the disruption that crypto brought to the very financial system we thought to…Read More