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Filecoin Pay Records $67,312 in Stablecoin Payments From 165 Customers

The payment system recorded the activity by mid-September, with transactions tracked on-chain and internal activity excluded.

Stablecoin tokens beside a sealed storage drive / TokenPost.ai
Stablecoin tokens beside a sealed storage drive / TokenPost.ai

Filecoin Pay recorded $67,312 in stablecoin payments from 165 customers by mid-September, marking reported activity for the payment system built around the decentralized storage network.

The transactions were recorded on-chain and excluded internal activity. The payment total was denominated in stablecoins, which are crypto assets designed to maintain a stable value relative to a reference currency or asset.

Filecoin allows users to buy and sell decentralized storage. Its native asset is Filecoin (FIL), while the payments described here were made in stablecoins.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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