Demand for Web 3 Domain Names Signal growing acceptance for crypto payments
More people seem to be aligning with the idea that the future of payments is blockchain technology. This is most evident in the growing demand for blockchain-related website domains such as the Ethereum Name Service.
According to a top developer at Ethereum Name Service (ENS), the demand for its services hit an all-time high in May 2022. This growth in demand for ENS in Web 3.0-related services is not isolated.
Over the past year, there has been an explosion in demand for blockchain payments. That’s why companies like PayPal have been moving to adopt such services accelerated. The company has recently announced that it is adding more crypto-related services into its basket of services.
Aside from PayPal, PAYAABB is one of the platforms that are looking to take cryptocurrency payment services to the next level.
PAYAABB is a payments platform that allows merchants to accept a wide array of crypto payments and flip them for stable coins before prices fluctuate. One of the benefits of PAYAABB is that you can easily integrate it into your website and instantly start accepting cryptocurrency payments. You can also accept payments using PAYAABB on Telegram, Discord, Telegram, Slack, and WhatsApp.
PAYAABB also has the advantage of accepting multiple top cryptocurrencies. Among the cryptocurrencies that PAYAABB accepts include Bitcoin, Ethereum, Bitcoin Cash, USDC, Litecoin, Binance Coin, and PAYAABB’s native token called AABBGG.
Unlike most cryptocurrencies that are not backed by anything but investor faith in them, AABBGG is supported by $30 million worth of solid gold. In essence, while AABBGG is not a stable coin, it has a more predictable value than other cryptocurrencies. It also comes with the advantage of value appreciation in tandem with the value of gold. For all these advantages, AABBGG is one of the best cryptocurrencies that Web 3 entrepreneurs could find helpful as a means of payment for services on their websites.