The application and usage of stablecoins in daily payments is rapidly expanding. Here are some key points:

1. Integration of Payment Scenarios:

Traditional payment giants like PayPal have begun to launch their own stablecoin, PYUSD, to integrate into payment scenarios and strengthen regulatory frameworks. This trend indicates that stablecoins are moving from the crypto sphere into the mainstream financial system, becoming an important cornerstone of the global value internet.

2. Cross-Border Payments and Settlements:

The application of stablecoins in the cross-border payment sector is rapidly expanding. For instance, Ripple's RLUSD enhances its payment network by providing near real-time settlements, reducing friction, and lowering transaction costs. Additionally, Visa is collaborating with Bridge to promote the integration of stablecoins into everyday consumption scenarios, offering consumers more flexible fund management options.

3. E-commerce and Remittance Services:

E-commerce platforms are integrating stablecoin payments to provide a smoother checkout experience. Remittance services are also utilizing stablecoins to reduce costs and improve efficiency. For example, Mesh has launched a crypto payment application on Shopify, allowing merchants to accept cryptocurrencies and settle transactions in stablecoins.

4. Market Size and Growth:

As of 2024, the total market capitalization of stablecoins is close to $200 billion, with expectations that it will exceed $400 billion by 2025. This growth indicates a wide range of applications for stablecoins in both retail and institutional sectors, from everyday payments to complex financial operations.

5. Technological Advancements and Market Demand:

With the rapid development of blockchain technology and the application of stablecoins, stablecoins are expected to play an increasingly important role in payments, financial services, and multiple other industries in the future. For instance, alternatives like Tron and Solana, with low transaction costs and high speeds, handle over half of all stablecoin transactions.

6. Business Cases:

Some companies have already started utilizing stablecoins to optimize their payment systems. For example, Walmart is using stablecoin payments to eliminate credit card fees, thereby increasing net profits. BVNK plans to launch an embedded wallet that integrates fiat and stablecoins, aiming to provide faster payments for businesses and consumers.