Hi folks, a very short post here on a plugin I’ve recently built allowing merchants to accept USDC on Wordpress.

The business case for merchants is simple:

  • Credit cards often cost 2–3%, sometimes more
  • Ethereum USDC transactions right now cost $0.6

For higher value transactions in particular, it’s cheaper to accept USDC.

What are the problems:

  1. Customers have to pay for the gas but don’t pay for credit card fees.

The solution is to let merchants pay for the gas fees — stay tuned!

  1. Gas fees are only low because crypto is low

Yes! But there is a window now and this gives more time for L2s to mature.

Want to guess what L2s I’m considering and why?

Thanks for reading Hype or Hodl! Subscribe for free to receive new posts and support my work.

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Pinotio

Pinotio

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