36% Of Global CFOs Would Like to Settle Payments in Stablecoins
According to BanklessTimes.com, 36% of global CFOs surveyed (18yrs-35yrs) prefer to settle payments in stablecoins and to hold them on their balance sheet. This can be attributed to the fact that these coins are less volatile and more predictable than non-pegged cryptocurrencies like Bitcoin.
According to BanklessTimes CEO Jonathan Merry,”The rapid rise in popularity of stablecoins has been met with equal enthusiasm from CFOs, who are looking for more reliable payment methods with low volatility. We believe that the use of stablecoins will continue to gain traction in the years to come.”
The main benefit of using stablecoins is that they help provide a secure and reliable platform to facilitate payments, allowing users to store value in an environment less prone to manipulation. Thanks to the involvement of a range of third-party players, consumers can tailor their crypto payment experience with relative ease. Corporate treasurers are also well-versed in the difference between non-pegged and pegged cryptocurrencies, allowing them to make informed decisions regarding settling payments.
The full story and statistics can be found here: 36% Of Global CFOs Would Like to Settle Payments in Stablecoins
Original article: 36% Of Global CFOs Would Like to Settle Payments in Stablecoins
©2022 Midas Letter. All Rights Reserved.
Source: https://midasletter.com/2022/11/36-of-global-cfos-would-like-to-settle-payments-in-stablecoins/
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