We have all overlooked a heavyweight player in the payment track, WalletConnect @WalletConnect . The transaction volume of cryptocurrency transfers has far surpassed that of traditional payment giants, making Web3 payments as smooth as swiping a Visa card.

WalletConnect has achieved:

1. Annual Transaction Volume (TNV): $400B+ (this is already at a giant level)

2. Ecosystem Coverage: 50M+ users / 700+ wallets

3. Practical Implementation: Partnered with dtcpay to penetrate offline POS. In the future, you can pay in physical stores by scanning QR codes or tapping NFC to pay with stablecoins.

WalletConnect Pay is turning stablecoin payments into a “card-swipe level experience.” It has optimized products by integrating web2 and web3, eliminating payment friction. Transactions require only a single interaction without the cumbersome repeated signatures, and it can be compatible with existing POS machines, meaning merchants do not need to change hardware, effectively building a decentralized Visa/MasterCard network.

Their token $WCT plays a role not only as a governance token but also as a core element in maintaining the security of this giant payment network.

Value Capture: The larger the payment scale -> the higher the demand for network verification -> the stronger the staking and governance utility of $WCT . Merchants can achieve lower costs and dual-track checkout paths; wallets gain rebates and loyalty systems.

Summary:

The future of crypto payments is not to directly replace card networks, but to replicate the smooth experience of card networks. WalletConnect has already laid the infrastructure (SDK, POS integration, user base) for seamless access.