available in multiple languages
approved and published on 11/29/2017
A well-known obstacle to greater adoption of crypto-currencies (e.g. BTC) as a medium of payment is the high volatility of its exchange value, due to its limited supply. As a consequence, the unit price varies (sometimes significantly) over short periods of time. This makes BTC unpractical for merchants that need to pay their suppliers in cash - especially in bearish markets where this currency risk can ruin a business.
This problem can be tackled by use of price-stable crypto-currencies, which are introduced in the article below: