• sugar_in_your_tea@sh.itjust.works
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    8 days ago

    My issue with stablecoins are that pretty much nobody actually accepts them for payment, whereas I can usually find someone to accept Bitcoin, ETH, or Monero, and of those, Monero is my favorite (less speculation, low transaction costs, privacy).

    If stablecoins were commonly accepted, I’d probably use them for payment.

    • locuester@lemmy.zip
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      7 days ago

      Payments is a beast of a final boss. I don’t use any of em for payments often at all. I just store value there. Like a brokerage account. And my business treasury.

      If you’re into this space and not a Solana lover, you have to check it out. Huge ecosystem. All the large caps bridged as SPL tokens. Fast confirms. It makes defi fun and as responsive as a brokerage account or banking app