Retailers are rushing into crypto–is this the start of mass adoption?

Real-world crypto adoption is booming, according to a slew of recent announcements. Earlier this month, Crypto.com made their Pay Checkout plugin available for WooCommerce merchants, which it claims make up about 30 percent of the world’s online stores.

Payments and privacy coin Dash recently announced partnerships with a number of payment providers that reach millions including Overstock.com. Some of France’s largest retailers meanwhile, are planning to accept Bitcoin come 2020; you can buy bitcoin from 7-Eleven in the Philippines, and an Icelandic firm just settled a payment from IKEA using the Ethereum blockchain. It’s even possible to use cryptocurrencies to buy food at refugee camps.

So, is this finally crypto’s big break? Nearly.

Crypto retail is still in its early stages

According to an April 2019 research paper by Nicole Jonker of the De Nederlandsche………

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Author: Decrypt
Original link: https://decrypt.co/10520/retailers-are-rushing-into-crypto-is-this-the-start-of-mass-adoption