Big Retail Stablecoins May Be Game-Changers or Simply Gift Cards on the Blockchain
From pymnts.com
Big Retail’s commerce ecosystems may prove to be fertile ground for new payment methods, particularly proprietary stablecoins. The web woven between platforms, businesses and customers would seem a natural fit for those coins, moving instantly between buyers and sellers, with what proponents have said is the liquidity as cash, because the coins are backed by dollar-denominated reserves and short-term U.S. Treasurys. PayPal is an example of how the coins themselves can be given some of the hallmarks of traditional payment methods, chiefly the credit cards with which they compete. As PYMNTS reported in April, PayPal ...
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