Stablecoins are a type of cryptocurrency that is pegged to a specific asset or commodity, aimed at maintaining a stable value. Here is some information about stablecoin daily payments:

Payment Methods

• Online Payment: On e-commerce platforms or online service platforms that support stablecoins, users can link their stablecoin wallets to their accounts and make payments just like using traditional e-wallets, making the process simple and fast.

• Offline Payment: By using dedicated payment terminals or mobile payment applications, payments can be completed by scanning the merchant's QR code or using NFC technology, just like using Alipay or WeChat Pay.

Advantages

• Stability: Compared to highly volatile cryptocurrencies, stablecoins have a relatively stable value, effectively avoiding the risks associated with large fluctuations in value during daily payments, allowing consumers and merchants to use them with greater peace of mind.

• Fast and Convenient: Based on blockchain technology, stablecoin payments can quickly complete cross-border transfers and payments without the cumbersome procedures and long waits typical of traditional bank transfers.

• Lower Costs: Especially for cross-border payments, traditional cross-border remittances often come with high fees, while stablecoin payments can significantly reduce transaction costs.