Stablecoins are experiencing rapid growth, especially in digital payments. Their stability, speed and compliance make them a solution of choice for retailers and customers alike. With Lyzi, you can now accept payments in EURC, USDC and other stablecoins; and receive them instantly in euros in your bank account.
What is a stablecoin?
A stablecoin is a cryptocurrency backed by a fiat currency such as the euro or the dollar, guaranteeing a stable value thanks to reserves that replicate the currency issued. For example, USDC is issued by Circle and Coinbase, maintained at 1:1 parity with the dollar through transparent and audited reserves. As for EURC, it is a European alternative adapted to payments in euros.
The concrete advantages of stablecoins via Lyzi
a) Guaranteed stability
By eliminating the volatility associated with traditional cryptocurrencies, they allow for reliable and consistent payments.
b) Speed and simplicity
End of the latency of traditional systems: with stablecoins, settlement is instantaneous, up to 8 days saved compared to traditional interbank transfers.
c) Broad compatibility with Lyzi
Lyzi works like a payment layer based on stablecoins (USDC, EURC...), ensuring FIAT settlements in real time in Europe.
d) Regulatory confidence
Stablecoins such as EURC from European banks (e.g. Société Générale: EURCV) respect regulatory frameworks such as MiCA, bringing reliability and serenity.
Why retailers and retailers are adopting Lyzi + stablecoins
- Increasing adoption : compatible with 1M+ payment terminals, the Lyzi payment solution already enables prestigious brands such as Printemps, S.T. Dupont or Fitness Park to accept cryptocurrencies.
- Simple & universal deployment : a plug and play solution that can be integrated into any payment system in 5 minutes.
- Premium and international target : connected tourists often prefer stablecoins to avoid exchange fees, and their adoption increases the average basket by +25% in tourist areas.
A concrete example: the French Riviera places crypto on a daily basis
On the French Riviera, many businesses (hotels, restaurants, luxury shops) now accept stablecoins and crypto via Binance Pay and Lyzi. Payments are made by scanning a QR code, free of charge, with instant payment in euros for merchants.
How to integrate stablecoins with Lyzi
- Follow our guide on “Stablecoin Payments for Merchants: EURC & USDC at Physical POS” to better understand these tokens.
- Check out our FAQS Or the page Retailers/Retailers to find out how to quickly set up Lyzi in your system.
- Check out our blog for more use cases and innovations, like Sylq..., chateaux, e-commerce, etc.
Conclusion
The stablecoins (USDC, EURC...), associated with Lyzi, offer a payment solution fast, stable and compliant, ideal for modernizing the shopping experience; in store as well as online.
Do you want to know more or integrate this solution? Contact us now!