Just curious as to who would use a currency that volatile? These merchants are accepting payments in bitcoin, I wonder how many are taking advantage of the opportunity to use the service. About 1/2 way throught the book.
I would think only stablecoins will be used and long term those that are regulated. It's nice to see adoption but think there will be issues until the subject of regulation is resolved.
Most merchants get $ or Euro or whatever local fiat currencies they operate in. They pay 1% merchant fee to Bitpay and there are no charge-backs Only a few merchants are accepting Bitcoin and cryptos and keeping them