The entrepreneur can accept fee and exchange it for USDC, which is a stablecoin that is pegged to the US dollar, Glantz said. Stablecoins are designed to scale back the volatility relative to cryptocurrencies that are not pegged to stable assets. Many people use that coin as a “safe haven” for crypto payment processing transactions as it is broadly accepted, he said.
E-commerce web sites need to follow security greatest practices as they need to deal with cyber-assaults because hackers are all the time wanting for methods to sneak into buyer knowledge. Some of the common cyber assaults that e-commerce sites face are malware, phishing, identified vulnerabilities, and human errors. Any data breach would possibly leak buyer card particulars and harm your business reputation. Clients belief you as an e-commerce service provider, and any data hack would possibly ruin years of trust in seconds.
Final week, the White Home convened an international counter-ransomware event. Representatives from greater than 30 international locations, together with massive US allies like the UK, Canada and Japan, participated within the digital gathering. Notably absent: Russia, which the US and other international locations blame for harboring and possibly encouraging the groups behind the attacks.