Review on BitPay USD by Sheila Cova
BitPay
BitPay was founded in 2011, while Bitcoin was still in its infancy. We saw the potential for bitcoin to revolutionize the financial industry, making payments faster, more secure, and less expensive on a global scale. They are pioneers building blockchain payment technology to transform how businesses and people send, receive, and store money around the world.
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Pros
- Six the total number of cryptocurrencies available, along with Bitcoin (BTC), Bitcoin Cash (BCH), and Ether (ETH). They now have USD Coin (USDC), Gemini Dollar (GUSD) and Paxos Standard Token (PAX). They are all pegged to the US dollar.
Cons
- BitPay is accepting new stablecoins for payments, but rejecting Tether, which is the most popular option in the industry.
