I have an NFT marketplace on ETH - but looking to move. Is there a way to accept fiat currency for minting as well as purchases on ALGO?
To accept Fiat, you can do the following:
- use Circle API and USDC: Circle Payments | The next generation payments processing solution
- work with an exchange to provide a way to buy Algos or a stable coin on Algorand inside your application
- use a completely off-chain solution with a classical payment provider (but record the payment on chain)
Thanks @fabrice. If I use Circle and have settled funds in USDC, can I use USDC to pay for gas in ALGO?
All transaction fees on the Algorand network are paid with ALGO.
OK - then how do I convert USDC to ALGO?