The era of stablecoin payments is about to change, and the age of cryptocurrency has truly arrived!
WalletConnect Pay has made a significant move this time, allowing you to directly use stablecoin payments for offline coffee purchases and online shopping! It's as simple as swiping a card, but the transaction fees are only 1/10th of traditional payments. This operation has directly connected over 700 wallets, 50 million users, and billions of dollars in assets into a cryptocurrency version of the Visa network!
Why is this considered a revolutionary breakthrough?
1) Offline POS systems are already in place: Singapore's dtcpay has enabled merchants to accept stablecoin payments.
2) Payment experience has been fully upgraded: QR code/NFC payments + automatic chain switching + wallet KYC, smoother than credit cards.
3) Annual transaction volume of $40 billion: covering 50 million users + 70,000 applications.
Additionally, $WCT holders should take note, as the surge in payment volume will make the token's value in network security and governance increasingly robust. Imagine a future where every on-chain payment has to be verified by $WCT nodes; isn't that a cryptocurrency version of the SWIFT network?
Now you understand why major wallets are scrambling to integrate WalletConnect, right? The next hundredfold opportunity in the payment sector might just be hidden within this 'on-chain UnionPay'!
