Stablecoins

WetSpace prefers stablecoins for core transactions because volatile proprietary tokens can misalign creator and investor incentives. Stablecoins are presented as a practical crypto payment option because they are designed to track fiat cur…

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WetSpace prefers stablecoins for core transactions because volatile proprietary tokens can misalign creator and investor incentives. Stablecoins are presented as a practical crypto payment option because they are designed to track fiat currency values such as the U.S. dollar. Not every token can support subscription billing because token smart contracts vary in capability. Crypto payments can reduce dependence on banks and card networks but do not eliminate governance risk. WetSpace accepts stablecoins such as BUSD, USD-based tokens, Tether, and also Ethereum.