• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Stablecoins: The New Standard in Cryptocurrency Payments

user avatar

by Giorgi Kostiuk

a year ago

The world of cryptocurrency transactions is witnessing a significant shift towards stablecoins, which offer convenience and stability as opposed to Bitcoin's volatility.

BTC at London's Private Clubs

The Century Club in central London has equipped its lounges with Bitcoin terminals, distinguishing itself among other private clubs. Despite this, BTC usage as a payment method remains limited.

The Rise of Stablecoins

According to data from Coinbase, the volume of stablecoin transactions exceeded $10.8 trillion in 2023, marking a 17% increase from the previous year. Unlike BTC, stablecoins offer greater price stability and ease of use, making them increasingly popular among users.

Bitcoin's Advantages and the Future of Lightning Network

Despite the decline in BTC usage for everyday transactions, Bitcoin remains a symbol of innovation and freedom. Layer-2 solutions like the Lightning Network promise to enhance transaction speed and reduce costs, which could reclaim BTC's position in the payment world.

Stablecoins have solidified their position as leading tools for cryptocurrency transactions, yet Bitcoin retains its role as a store of value and a symbol of decentralization.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Cysic Faces Unsubstantiated Allegations of Manipulation

chest

Cysic faces unsubstantiated claims of manipulating its TGE cluster, with no primary evidence found.

user avatarKaterina Papadopoulou

Cysic Faces Scrutiny Over Token Manipulation and Financial Discrepancies

chest

Cysic's token generation event (TGE) is under investigation due to allegations of token manipulation and significant financial discrepancies.

user avatarMaya Lundqvist

Hedera's Growing Adoption Among Financial Institutions and Governments

chest

Hedera is witnessing significant adoption from financial institutions and governments for various applications, including payments, stablecoins, and asset tokenization.

user avatarLeo van der Veen

Orchard Protocol and Rising Metrics Boost Zcash Adoption

chest

The Zcash ecosystem is witnessing a boost in adoption due to initiatives like the Orchard protocol and rising Twitter metrics.

user avatarElias Mukuru

Charlie Noyes Steps Down from Paradigm to Focus on Kalshi

chest

Charlie Noyes has stepped down from his role as General Partner at Paradigm to focus on his position as a board observer at Kalshi.

user avatarLi Weicheng

No Evidence Found for Wall Street Revolution Event in Crypto Sector

chest

No evidence supports the existence of the Wall Street Revolution event involving key figures in the crypto sector.

user avatarAisha Farooq

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.