I thought about the use of cryptocurrency by merchants for day to day trade settlement. When combined with fiat, it gives customers a lot of options and flexibility to chose how they transact. On the flip side, I am also thinking that crypto volatility could poss a lot of dangers and issues when adopting crypto for payment.
Exactly, that's why merchants are having a hard time accepting it as mode of payment. Although there's a lot of third party payment provider like BitPay.
What do you think about the future of cryptocurrency payment, will conventional altcoin (non-stablecoins) have a chance or the race will solely be won by stablecoins?
Well there is XRP for one, others hate it for being a bankers crypto, but I think that's its intention in the very beginning, to be establishment itself as payment or remittance crypto. And I would say that so far they have done a good job. Of course there is Libra, although we really don't know what happened to that project after it received a lot of backlash from government around the world.
