In todayโs digital economy, cryptocurrency is shifting from speculation to everyday payments. PayPal data shows nearly 40% of U.S. businesses now accept crypto at point-of-sale, averaging 26% of revenue for adopters, with 90% of enterprises fielding customer inquiries and 75% reporting sales growth from crypto transactions. Millennials and Gen Z drive this demand for fast, borderless payments, yet complex integrations and fragmented wallet support remain major barriers.
WalletConnect Pay solves these issues. Built on the proven @WalletConnect ecosystem (700+ wallets, 80,000+ apps), it is an open-source protocol that simplifies stablecoin and crypto payments. It integrates directly into existing PSP stacks, requiring no system overhaul. Key features include one-click QR/link approvals, multi-chain token aggregation, programmable payments (subscriptions/loyalty), fraud protection, compliance, and low costs. Unlike closed systems, it works with any compatible wallet (MetaMask, Trust Wallet, etc.) and supports stablecoins like USDC/USDT across chains, enabling seamless online and in-store experiences that feel like Apple Pay or WeChat Pay.
A major strength is its deep integration with Polygon, which offers low fees and high throughput. Polygonโs acquisitions of Coinme and Sequence have created a U.S.-regulated payments platform with fiat ramps and one-click cross-chain transactions. Partnerships like WalletConnect + Ingenico enable stablecoin payments at physical terminals in retail, transport, and fuel. Polygonโs USDC transfers recently hit record highs (7.7M daily transactions, $593M value), and WalletConnect Pay leverages this infrastructure to hide chain complexity and FX issues for merchants.
Global applications are broad:
E-Commerce: One-click checkouts with subscriptions and rewards.
Physical Retail: QR scans at millions of terminals (e.g., 94ยฐ Coffee).
Emerging Markets: Low-cost, stablecoin transactions for unbanked users.
Enterprise: Compliance logging and revenue-sharing for wallets.
WalletConnect already handled $400B+ in volume last year, proving scalability, with more features (wallet certifications, agent payments) coming in 2026.
WalletConnect Pay succeeds by delivering the simplicity businesses want: familiar flows, no new apps, and self-custody for users. Its open standard avoids walled gardens, aligns incentives (wallet revenue shares, $WCT cashback flywheel), and benefits from strong partnerships (Ingenico, Polygon) plus regulatory compliance. With hundreds of millions of crypto holders ready to spend, it turns holdings into everyday money without merchant volatility riskโpositioning it as the โVisa of onchain payments.โ
Crypto payments are now mainstream. WalletConnect Pay, powered by Polygon, makes them simple, efficient, and rewarding. Its success is not โif,โ but โhow soon.โ