Analysis: Payments are replacing the transaction as a major use case for stable currency, and companies such as Coinbase want to follow the trend

According to The Block, several stable currency issuers, including Paxos and Coinbase, are seeing a shift from using stable currency to paying for their use, and they are working hard in this direction. Coinbase Commerce, Coinbase's payment division, is encouraging consumers to pay with USDC, while Paxos allows debit cardholders to consume PAX in their daily shopping. South Korea's stable currency startup Terra has attracted more than 240,000 online shoppers to buy coffee, clothes and baby wipes in 40 days, and has processed more than 380,000 transactions. The use of stable currency as a payment method is mainly limited to cryptocurrency holders, but these companies are looking for ways to attract more regulated consumers.