Cryptocurrency payment systems: from madness to global trend
Now that Google wants to take the lead in crypto payment methods, it is worth taking stock of how cryptocurrency and digital payment systems have evolved.
In 2017, at EurocoinPay we had an idea that many considered crazy: to use cryptocurrencies as a real payment method in shops and everyday transactions. The response from the industry and the public was immediate: ‘that’s impossible’, ‘no one will accept cryptocurrencies for payment’, ‘they’re only good for speculation’.
A year later, in 2018, the European Union awarded us the Seal of Excellence for Innovation thanks to our cryptocurrency payment system. And in 2022, the Bank of Spain selected us to participate in the first European regulatory sandbox, from among more than 50 international companies, thanks to our crypto POS terminal. It was then that the world began to understand what we were doing, and others began to replicate our vision.
Today, in 2025, tech giants such as Google are repositioning themselves and launching stablecoin payment systems, confirming what we have been advocating from the beginning: cryptocurrencies are not the future, they are already the present.
Types of cryptocurrency payment systems that exist today
The digital crypto payment ecosystem has evolved rapidly. Currently, the main types of crypto POS terminals or payment gateways are:
1.- Physical crypto POS terminals
Devices installed in physical shops that accept cryptocurrency payments via wallet.
2.- Virtual POS terminals or online gateways
Integrations in e-commerce and websites that allow you to charge with Bitcoin, Ethereum or stablecoins directly from your crypto wallet.
3.- Payments with stablecoins
Customers pay with stable coins such as USDC or USDT, eliminating the risk of volatility, and soon EUROC.
4.- Hybrid systems
Platforms that allow direct receipt in fiat, crypto or stablecoin, depending on the merchant’s preference.
5.- Emerging protocols (Google and Coinbase)
In September 2025, Google announced, together with Coinbase, a stablecoin payment protocol integrated into AI applications, showing that the big players already see cryptocurrencies as a standard for digital commerce.
The differential advantage of EurocoinPay
In this context of global innovation, EurocoinPay clearly stands out:
- Regulatory recognition: We are one of the few companies registered with the Bank of Spain as a provider of virtual currency exchange and custody services. In addition, our payment system was evaluated in the regulatory Sandbox with a positive resolution and published on the Public Treasury website
- Protection against volatility: Our crypto POS terminal allows merchants to accept cryptocurrency payments without the risk of losses due to volatility or accidental gains for the customer.
- Total flexibility: Merchants decide whether to receive payments in crypto, stablecoin or directly in euros.
- Immediacy and universality: Instant payments in physical and online stores, operational 24/7 anywhere in the world.
- Transparency and security: No fraud, no disputes and with the confidence of being validated by regulatory bodies.
Why our system makes a difference
What we have demonstrated over the years is that it is possible to accept payments in volatile cryptocurrencies without exposing the merchant to losses or generating undue profits for the user.
Our model turns what was once a risk into a real opportunity for businesses: opening up to a global market, attracting customers who want to pay with crypto, and doing so with the assurance that the value received will always be correct.
Conclusion:
The evolution of EurocoinPay is a clear example of how a vision considered utopian in 2017 has become a standard that giants such as Google are now replicating.
We invite you to analyse our evolution and see how we have built an innovative, regulated and reliable payment system that demonstrates that cryptocurrencies are already a useful tool for the day-to-day activities of businesses and users.
The future of payments is already here, and at EurocoinPay we have been building it for more than seven years.
So now I ask you again, visionaries or madmen?
Disclaimer: The information set forth herein should not be taken as financial advice or investment recommendation. All investments and trading involve risk and it is the responsibility of each individual to do his or her due diligence before making a decision.
