Cryptocurrency Payments: From Concept to Reality
In 2024, cryptocurrency payments have made substantial progress. PayPal's stablecoin PYUSD has been integrated into the global merchant network; Visa has expanded the settlement range of USDC; companies like Starbucks and Tesla continue to accept crypto payments. The daily transaction volume of the Lightning Network has surpassed $100 million, and new payment protocols like Solana Pay have achieved second-level confirmations. Especially in the field of cross-border remittances, cryptocurrencies have shown significant advantages in cost and time. With improvements in user experience and clarity in tax processing, cryptocurrencies are transitioning from investment vehicles to practical payment tools, a trend particularly evident in emerging markets with severe inflation, which may reshape the global payment landscape.