Circle’s Refund Protocol, explained: Bringing refunds to stablecoin payments

Why are refunds important in stablecoin payments? Anyone who has used traditional payment systems will likely be familiar with refunds and chargebacks. If a purchase goes wrong, like receiving damaged items or not receiving the product at all, the payer can file a complaint with the seller to recover their funds. This process of refunds builds trust between payers and sellers, ensuring secure transactions for both sides. However, stablecoin transactions differ significantly source: https://cointelegraph.com/explained/circles-refund-protocol-explained-bringing-refunds-to-stablecoin-payments?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound