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Stablecoin vs Bitcoin: An Honest Guide for Business

Stablecoin vs Bitcoin: An Honest Guide for Business
Photo: Disrupt Africa

BTC when published $82,910Now $80,568 ▼ −2.82% since it was published

Bitcoin for treasury, stablecoins for payments. That rule fits most of what a business does with either asset, and it fails in two places. It treats Bitcoin’s volatility as a one-way risk, and it treats a stablecoin as a permanent hedge against the naira. Bitcoin swings in both directions, and the naira has gained about 9% on the dollar over the past 12 months. Below are the four differences that matter, the job each asset fits, and a way to skip the choice. The comparison runs on four dimensions: price stability, accountability, settlement, and risk. Each is easier to judge with numbers than with adjectives. Bitcoin’s price moves a lot.

First reported by Disrupt Africa. This page is a short excerpt; the full text is theirs.

Read the full story at Disrupt Africa (opens in a new tab)

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