Social and financial downturn has pushed Venezuela’s back against the wall. With sanctions holding back any meaningful progress for its citizens, the country has turned to digital assets as a safe haven, and to strengthen its global buying power.
For cryptocurrency to be adopted on larger scale, it must be used to purchase products or services. Businesses are looking to payment processors to mediate these sales. One of the most popular crypto payment processors, BitPay, completes over $1 billion worth of crypto transactions annually. They have just added a Top 3 coin to their arsenal. Due to the company’s massive transactions volume and popularity, the inclusion of this new coin will likely translate to increased adoption of what was already an exceedingly popular token. Learn how this may play a crucial role in mass adoption.