Crypto Payroll: The Impact of Ethereum’s Open Interest on Fintech Startups
Ethereum’s open interest is on the rise, and it’s taking fintech startups along for the ride. What does this mean for payroll integration? Let’s dive into the implications of this growing open interest on liquidity, volatility, and risk management for businesses that want to embrace cryptocurrency payments.
What is Open Interest?
What is open interest? Essentially, it refers to the total number of outstanding derivative contracts that haven’t been settled. A rise in Ethereum’s open interest usually indicates that more money is being bet on Ethereum’s price, whether by buying futures or options. This increasing confidence suggests that traders expect significant price movements in the near future.
The Payroll Shift
With Ethereum’s…
