Ryan Taylor, the CEO of Dash Core, talked about how DASH has been increasingly used as a mode of payment for merchants in Latin America and other parts of the world. He said that he has been questioned numerous times about the benefits of DASH, which are “huge” according to him.

Ryan spoke of how merchants will be able to make a significant profit, even after discounts are provided. Overstock, a retailer offering services online, who prefers cryptocurrencies, has spoken about the ease of processing transactions involving DASH, BTC, etc, in comparison to those made by credit cards.

When some brought about the question of volatility [which is present for every coin in the market, except stablecoins and LEO], Ryan replied by saying that the fees associated is “modest”, but that still doesn’t eliminate the risk for merchants, who might come across problems later on.

In 2016, Dash had a rollercoaster run, as a high of beyond the $1,600 was achieved. That was the biggest climb exhibited by the token. Stability is missing, and this plays a crucial role in the mind of hesitating retailers.

Uphold has eliminated withdrawal fees for Dash, adding to their usability for payments and remittances, including the “everyday purchase” transaction sizes that are common with Dash. Uphold has been great to work with and acts like a true partner! https://t.co/WVFNubdpAL — Ryan Taylor (@RTaylor05) July 26, 2019

The Decentralized API will be out shortly. Users can henceforth add their applications on the network. DAPI is an HTTP API which shines light on JSON-RPC endpoints. Thus, developers can send and receive data via the use of Drive. DAPI works in cost-effective manner, similar to a full node which requires greater maintenance.

As of this moment, DASH is priced at $111.44. Resistance will be felt near the $115 level, beyond which the altcoin may display smooth bullish momentum. Most of the market is bleeding due to active sellers who are in control.