Why Consider Accepting USDT Payments?
By
ADVFN News
PUBLISHED:
May 23 2023 @ 11:10
|
Comments (0)
|
USDT is one of crypto’s most desirable payment options due to its “stablecoin” backing, which eliminates volatility and assures users that their payments won’t be suddenly devalued.
The rise in decentralized finance (DeFi) initiatives has led to a massive improvement in stablecoins; from $5 billion at the start of 2019, these coins now represent 6.68 percent ($167B) – an increase of 388% on 2021’s total global cryptocurrency market capitalization reaching nearly two-and-a-half trillion dollars. For those looking for ways how to accept USDT payment, we’ll discuss reasons for setting up a legal crypto payment gateway using your website later.
Reasons to consider USDT payment gateways:
- Accessibility
- Worldwide transactions
- Low transaction fees
- Fast transfers
- Stable price
Leveraging a USDT payment system to accept payments can be advantageous for businesses. Benefits include reduced transaction costs, expanded purchase options, and access to global buyers.
In addition, it is secure and reliable, with rapid transfers of funds happening in just seconds, ensuring successful transactions; plus, as the stablecoin market improves and grows, the reasons to emerge are increasing.
CLICK HERE TO REGISTER FOR FREE ON ADVFN, the world's leading stocks and shares information website, provides the private investor with all the latest high-tech trading tools and includes live price data streaming, stock quotes and the option to access 'Level 2' data on all of the world's key exchanges (LSE, NYSE, NASDAQ, Euronext etc).
This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.