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Many people might think that WalletConnect is just a wallet tool, but I didn't notice that they are seriously working on the stablecoin payment sector.
Recently, they launched WalletConnect Pay in collaboration with DTCpay, which supports online payments as well as offline QR code and POS machine payments. It feels a bit like Apple Pay or Alipay, being quick and convenient to use, and you don't have to worry about USDT withdrawal issues anymore.
The team has also partnered with a local café to let everyone experience offline payments. I estimate that the widespread coverage of POS machines will take some time to settle.
This system is based on a unified wallet_pay payment protocol that directly connects payments from different wallets and different chains. Currently, over 700 wallets are supported, and no matter which wallet you use, the payment logic is the same.
WalletConnect's annual transaction volume is expected to exceed $400 billion, covering over 50 million users, more than 70,000 applications, and over 700 wallets. This scale of growth proves that stablecoin payments have begun to take root and have entered the practical usage phase. As the payment volume increases, the role of $WCT in network security and governance will become increasingly critical.
The stablecoin payment sector is very competitive, and it's something I've been looking forward to. We are always looking for various U cards to use, and I hope to be able to use it soon.

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