A digital goods company sells software licenses to customers worldwide. The company wants to accept cryptocurrency payments to reduce transaction fees and eliminate chargebacks. Which cryptocurrency type is most suitable for this business model?

A stablecoin pegged to the US dollar, because it is always accepted by all merchants.

A payment token such as Bitcoin or Ethereum, because they are designed for peer-to-peer value transfer.

A security token representing a share of the company's future revenues.

A utility token that grants customers access to premium features.

EC-CouncilBlockchain Business Leader Certification

Domain 6Objective 3

Role of Cryptoassets and Cryptocurrencies in Trade Finance BBLC Practice Questions (Page 10)

Part of the Business Use Cases and Trade Finance domain, which makes up ~13% of our current practice bank.

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A digital goods company sells software licenses to customers worldwide. The company wants to accept cryptocurrency payments to reduce transaction fees and eliminate chargebacks. Which cryptocurrency type is most suitable for this business model?
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Role of Cryptoassets and Cryptocurrencies in Trade Finance BBLC Practice Questions (Page 10)

Questions 46–46

A digital goods company sells software licenses to customers worldwide. The company wants to accept cryptocurrency payments to reduce transaction fees and eliminate chargebacks. Which cryptocurrency type is most suitable for this business model?

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