Stablecoin Subscriptions Are Growing, but Failed Payments Remain a Challenge

Stablecoins are increasingly being used for more than individual transfers. Payment providers are adding recurring billing features that let customers authorize future charges from a crypto wallet, potentially making stablecoins a practical payment method for software subscriptions, memberships and online services. A typical stablecoin transfer requires a wallet owner to authorize a payment. That is straightforward for a single purchase, but monthly billing becomes cumbersome if a customer must approve every renewal manually. Recurring payment systems instead ask the customer to approve a defined payment arrangement at checkout.