Track 1 - Panel: Are digital currencies the future of payments?
Part of Crypto and Digital Assets Summit 2023
This event took place on Wednesday, May 10, 2023 at 12:15 PM UTC.
Hundreds of millions of people around the world now use cryptocurrency to pay for everything from sports tickets to real estate. Merchants are trying to keep pace with demand by integrating digital assets into their business models for a whole range of investment, operational and transactional purposes. But existing financial infrastructure and the use of multiple digital currencies has created technical barriers to achieving seamless assimilation. How can companies mitigate the volatility risks to both businesses and consumers? Given the market downturn seen in the last year, how much consumer appetite is there for merchants to provide crypto payment options?