Stablecoin Payments Glossary
Stablecoin Payments
Stablecoin payments are transactions in which stablecoins are used as the settlement asset for transferring value between parties.
Explanation
Stablecoin payments occur on blockchain networks where tokens representing fiat-linked value are transferred between digital wallets. These payments may be used for retail purchases, business-to-business transactions, remittances, and settlement in digital asset markets. Because stablecoins are designed to maintain relatively stable value, they are often preferred over more volatile crypto-assets for payment use cases.
Why it matters
Stablecoin payments enable blockchain-based transfer of fiat-denominated value without relying entirely on traditional banking rails.
Example
A merchant may accept USDC from a customer and settle the payment on a public blockchain.
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