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I have a website which accepts bitcoins (and other non-stable coins). The amount of ways to accept coins is pretty big: from btcpay to some proprietary solutions. But I do care about volatility of bitcoin. I could easily accept bitcoins equal to the sum of, saying, 100$. But later on, those could turn to be 20% overnight. Is there any way to stabilize it? The only way I see is to convert btc's to stablecoins, but I believe there are simpler ways.

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https://en.m.wikipedia.org/wiki/Hedge_(finance)

A hedge is an investment position intended to offset potential losses or gains that may be incurred by a companion investment. A hedge can be constructed from many types of financial instruments, including stocks, exchange-traded funds, insurance, forward contracts, swaps, options, gambles,[1] many types of over-the-counter and derivative products, and futures contracts.

Public futures markets were established in the 19th century[2] to allow transparent, standardized, and efficient hedging of agricultural commodity prices; they have since expanded to include futures contracts for hedging the values of energy, precious metals, foreign currency, and interest rate fluctuations.

(My emphasis)


https://blog.btcpayserver.org/case-study-technical-prism-sideshift/

When it comes to merchants at events, there's often a common concern: hedging against the wild swings of price volatility". Even those that are game for holding onto Bitcoin earnings, want to ensure that when it comes to fixed costs of their vendors, they are covered on every sale.

In this guide we will showcase how Prism can be setup so that:

80% of incoming sats will be converted to stablecoin 10% will be sent to another lightning address 10% will stay on the server for demo purposes

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  • Thanks! It's exactly what I was looking for! Oct 30, 2023 at 16:55

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