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