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why crypto payments are still stuck in beta – TON BOT

why crypto payments are still stuck in beta

Slate Sundays showcases interviews, analysis, and op-eds on the future of crypto, focusing on the rise of crypto payments. While regulations are improving, UX remains a challenge with high fees, network issues, and lack of user-friendly interfaces. Crypto payments work well domestically, but cross-border transactions face obstacles. Custody issues also hinder widespread adoption. Many people are hesitant to self-custody their own cryptocurrency, preferring traditional banking methods. The challenges of setting up wallets, high fees, and fear of mistakes hinder mainstream adoption. Despite advancements in technology and regulations, crypto payments still struggle to compete with traditional banking ease and convenience. There is room for improvement in making crypto payments more user-friendly.


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