Medium of Exchange

Medium of exchange is one of the three traditional functions of money (alongside store of value and unit of account). It refers to an asset that is widely accepted in exchange for goods and services. Bitcoin was originally conceived as a peer-to-peer electronic cash system (a medium of exchange), though its volatility and slower transaction speeds have led many to view it more as a store of value. Stablecoins are often considered better suited as a crypto medium of exchange.