Business owners must choose between hot and cold wallets for cryptocurrency management, balancing speed and safety for transactions. Hot wallets offer quick access for daily payments, while cold wallets provide enhanced security for long-term storage. A hybrid approach, using both types of wallets, is often the most effective strategy.

Brex has announced the launch of its new stablecoin payment system, allowing businesses to make transactions using cryptocurrency. This innovation aims to simplify payment processes and enhance financial operations for companies utilizing the Brex platform. The stablecoin will provide a more stable and secure alternative to traditional cryptocurrencies for commercial transactions.