ForgingBlock Launches Stable Coin Payment Gateway To Address Price Fluctuation Concerns For Merchants
Pay and Get paid in stable coin, ForgingBlock currently supports Ethereum & ERC20, Polygon and Tron networks.
ForgingBlock is excited to announce four new stable coins that are set to be integrated with the ForgingBlock Payment ecosystem: Tether (USDT), USD Coin (USDC), Dai (DAI), and Liquidity USD (LUSD). With today’s announcement, merchants across the globe will be able to accept payments in these coins through our stable coin payment gateway on the ForgingBlock platform. ForgingBlock currently supports Ethereum & ERC20, Polygon and Torn Payment networks. The team will continue integrating stables for merchants moving forward as well.
“We are proud to announce the integration of four new stable coins to our growing ecosystem. This move will benefit our loyal users and merchants who need a greater solution around volatility in addressing their bottom line.” — ForgingBlock Development Team
With recent volatility in the market showing the inherent risk in transacting and holding typical cryptocurrencies, we are looking forward to providing merchants the option to receive payments through a stable coin alternative. This stability gives merchants greater peace of mind, all while still engaging with crypto to address payment solutions.
Stable Coins For Merchants
Stable coins are a pillar in the evolution of the broader cryptocurrency ecosystem. These coins provide more predictability, as well as viable options for merchants and users to exchange with. Users need not worry about the fluctuation that we traditionally see with other cryptocurrencies.
The integration of stable coins into the ForgingBlock Crypto Payment Gateway will allow customers to see stability while still engaging with crypto, allow merchants to accept crypto payments while mitigating volatility, and provide unbanked users with the ability to store and transact value with minimal volatility.
ForgingBlock is a peer-to-peer cryptocurrency payment system that facilitates developers in providing infrastructure similar to what is offered within the credit card payment industry. ForgingBlock offers APIs, libraries, and Ecommerce plugins to assist merchants and developers — who are familiar with the credit payment process — in adopting cryptocurrency, L2 networks & stable coins as a payment method with a minimal learning curve and easy adaptability.
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