When it comes to eCommerce, crypto as a payment method is growing. Yet crypto has failed to make meaningful traction thanks to misconceptions around settlement, fraud, volatility, and regulation. Users still, for the most part, consider cryptocurrency a means of investment.
Third generation digital currencies, however, such as stablecoins and CBDCs are gaining momentum, designed to avoid volatility. NFTs, meanwhile, have moved to the forefront of digital commerce they represent an early example of a truly crypto-native, digital commerce consumer use case.
This white paper examines the history, current state, and future expectations for the evolution of digital currencies and crypto payments.
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