Accept stablecoins

[Kate]

Bitpay a popular merchant wallet provider for crypto acceptance and also a normal wallet has said that the merchants who use Bitpay can now either settle in the two stablecoins instead of BCH or Bitcoin. 

The two coins are : Gemini dollar or Circle centre. 

This is so that there is no drop on the value of the coin so that they dont get a big loss and since these coins are always at the same price so its good for them.

Source : https://news.bitcoin.com/bitpay-announces-stablecoin-support-for-merchant-settlement/

[williamshennie9]

How does this work? As far as I know, the value of a coin is determined by supply and demand. So I would love to learn about the mechanics of a stable coin