What are Stablecoins?
Stablecoins are decentralized tokens which hold a stable value, usually tied to a traditional FIAT currency like the USD. These currencies are less volatile and not as subject to the speculations of the cryptocurrency markets. Dai and USDC are both pegged to the value of the USD.
Why use Stablecoins on Coincards.com?
Coincards.com strives to allow all cryptocurrency users the ability to cash out their crypto earnings on everyday goods through gift cards. Enabling Stablecoins for our customers means our users can purchase goods while still using a decentralized network without the volatility in prices seen with cryptos such as BTC, LTC, XMR and more.
How to Use Stablecoins on Coincards.com?
To use Stablecoins such as Dai and USDC on Coincards.com, simply follow the usual checkout flow. At the last step when you are asked to select a payment method, please select “Ethereum, Dai and USDC”. This will bring you to the Coinbase commerce checkout and allow you to complete checkout with stablecoins!
Please note: SAI payments will not be supported. Users will be warned not to send SAI, as their funds may be lost if they do so.