The cryptocurrency payments market.
The cryptocurrency payments market continues to grow.
Attached is a study from Coinpayments.
Stablecoins are also growing in adoption and usage.
All of this is a great sign for the continuation and growth of cryptocurrency mining like Ethereum.
In the last 5 years alone, cryptocurrency transactions
have increased by a staggering 580%.
Today, the 3 largest networks process over
1.7 million transactions a day
WHY CRYPTO IS SPEND-READY ?
STABLECOINS SOLVE VOLATILITY CONCERNS FOR SPENDERS AND MERCHANTS.
Rising stablecoin adoption hints that people are looking at crypto for digital payments, rather than speculation.
People want a non-volatile way to transact with crypto, and stablecoins are overtaking bitcoin in USD value transferred.
Considering the now well-delineated direction of the market, we at BITMINE ,who care about cryptocurrency payments and have been accepting them in our site since 2017, strongly believe in this future; Therefore we will increase the number of stablecoins accepted for payments in our e-commerce.
Currently as stablecoin we already accept Tether USDT for a couple of years.