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Tag: Bitcoin payments

When Did Cryptocurrencies Become a Payment Method?

Posted on October 27, 2021October 27, 2021 by Maggie

In 2020, the cryptocurrency market started booming. As institutional adoption is accelerating, crypto payments are accepted by more businesses than ever. But when did it start?

International finance is evolving rapidly, as it is fueled by blockchain, AI, fintech, and mobile devices. By 2022, global e-commerce is projected to reach $5.69 trillion. As the online marketplace is expanding, the future belongs to companies that embrace innovation.

Resistance to Change

Despite the development of retail in recent years, its payment systems have been largely static. Debit and credit cards account for the majority of transactions. Cryptocurrencies offer new benefits, so more and more enterprises recognize their value.  read more

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