Post by @stani • Hey
What would be an incentive for an online business to accept stablecoins as a payment?
Comments
- Make it much cheaper than card networks. Make it so that it can be completely transparent to businesses (only see fiat transactions with guaranteed peg). Gradually incentivise merchants to stay in stables. Ask Squarespace to support ;-)
- Business owners in the first stage seek to maintain the value of their assets, and in the second stage, seek secure investments to increase their volume. As long as the capital owners view stablecoins as risky, they cannot rely on them to preserve the value of their assets, unless they can convert them into an investment that, in their view, has the necessary safety against global market fluctuations at the moment.
- Save on charge back fraud
- Managable tax
- Price stability (let’s face it, we have had depegging in the major ones), security (critical) and finally some proof of concept!
- We need Aave Visa/Mastercard
- No additional hardware or subscription fees
- yup. we should
- 1) demand and user penetration
2) lower than CC processing fees
3) lower fraud rates (esp for businesses with historically high fraud rates)
- need money
- Fees, yield, law regulation. If you can seamlessly integrate it all with defi and get like 5% in fully background apy. I think that could be really cool.
- Easy integration, no fees
- Credit Card fees
- Instant settlement, no waiting for T+3 days to settle
- On chain yield
- Lower fees.
- More users -> Me and others like me as a more likely user