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Comment by yzdbgd

Stablecoins are much better for payments, no one would use BTC for goods and services with the transaction fee and the confirmation time being so bad.

https://www.coinbase.com/institutional/research-insights/res...

TL;DR from the article : Stablecoins settled $10.8T worth of transactions in 2023 of which $2.3T were related to organic activities including payments and cross-border remittances, among others

Today’s payment giants suffer from major disadvantages including high transaction costs, slower settlement times and limited transparency albeit there are tradeoffs to stablecoins too

parent yzdbgd 2 years ago

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