Accepting these assets commercially.
WHAT ACCEPTING THEM REQUIRES
A wallet or provider A means of pricing A means of converting, if you do not wish to hold Accounting treatment Regulatory clarity
WHAT VOLATILITY MEANS FOR PRICING
Prices quoted must be valid only briefly.
WHAT PROVIDERS OFFER
Conversion at the point of sale, removing exposure.
WHAT THEY CHARGE
A fee, plus a conversion margin.
WHAT ACCEPTING DIRECTLY PROVIDES
No intermediary.
WHAT IT REQUIRES
Handling wallets, confirmations and conversion yourself.
WHAT STABLECOINS SIMPLIFY
Price exposure, though not counterparty or regulatory questions.
WHAT TO DEFINE
How many confirmations before releasing goods What happens to underpayments and overpayments What happens to payments arriving late Whether refunds are possible, and how
WHY REFUNDS ARE DIFFICULT
Value changes between payment and refund.
WHAT TO DECIDE
Whether to refund the amount or the value.
WHAT TO ESTABLISH BEFORE ACCEPTING
The regulatory and tax position for your business.
WHAT TO CONSIDER LOCALLY
Whether your customers actually want this, and whether banking relationships are affected.
