A new Deloitte survey shows that almost three-quarters of merchants are planning to accept cryptocurrencies like stable coins, pegged one-to-one with traditional fiat or a stable asset like gold in the next two years. This spans from fashion and cosmetics to food and electronics to a wide variety of industries.
How smart money is playing the game of criptocurrency.
According to Deloitte, almost half of the merchants think that cryptocurrencies adoption is a way to broaden their market's customers and to make better customer experiences.
We anticipate further partnerships with established institutions in the industry will help deliver the benefits of digital currency e.g. The report said that the necessary foundation of trust will continue to be built with the help of convenience and support.
There is a chance that not everyone has embraced payment methods because of the volatility and price fluctuations of cryptocurrencies.