Stablecoin Payments Are Easy Until the Customer Uses the Wrong Chain

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I used to think stablecoins were the simple answer to crypto payments.

Bitcoin was too volatile for many merchants. ETH moved too much. A customer could pay at 2:00 p.m., the market could move by 2:05 p.m., and suddenly a normal invoice had become a small trading position.

Stablecoins seemed to fix that. The merchant could price in dollars. The customer could pay from a wallet. The business could avoid card networks, bank delays, and chargeback risk. It sounded clean.

Then the customer asked a very normal question:

Which USDT?

That is where crypto payments become less simple than the landing pages make them look.

Stablecoins Fixed the Obvious Problem

Stablecoins solved the problem that merchants complained about first: volatility.

A normal merchant does not want to receive $500 worth of an asset and discover later that it is worth $463. A SaaS company, hosting provider, marketplace, OTC desk, or...

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