SpacePay has developed a solution to tackle the volatility issue associated with Bitcoin, rendering it a more stable and secure method for everyday transactions. This is crucial as businesses tend to shy away from accepting Bitcoin due to its unpredictable price swings.

The initiative by SpacePay aims to enhance the usability of cryptocurrency, especially Bitcoin, in various commercial settings, including coffee shops, which currently hesitate to accept it due to volatility concerns. With SpacePay's approach, crypto payments could become more commonplace.