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Steam payment headaches grow as PayPal is no longer usable for much of the world: Valve hopes to bring it back in the future, 'but the timeline is uncertain' (www.pcgamer.com)
submitted 1 year ago by to c/technology@lemmy.world
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[–] 6 points 1 year ago (1 child)

Some crypto are called stablecoins, which are backed by some currency (such as the USD for USDC) inside of a bank. There's a bit more to it than that, but effectively what you get is one coin = one unit of currency.

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  • [–] 4 points 1 year ago*

    They could even issue their own stable coin if they were weary of being reliant on another. I think valve would be viewed as trustworthy in keeping the 1:1 backing in a bank account. They could partner with someone else to issue it, like coinbase and Gemini do USDC.

    USDV

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