Stablecoins will occupy an increasing share in the cross-border merchant payment field! Xicai alumnus Y, last time I went to Hong Kong, he spent several thousand yuan to treat me to a meal in Shenzhen Bay. When he was a graduate student in Italy, he started doing luxury goods business, and in 2017, he became the number one luxury goods store on Taobao. There are currently four stores in Shenzhen, one Herm è s handbag store in Hong Kong, one in Beijing, and plans to open another one in Singapore. Previously, I had a video call to teach him how to activate Binance and OKX, which took over 50 minutes. A few days ago, I told him that I had forgotten. After returning from Singapore, the client there said they needed oil, so they made another appointment with me last night to teach him via Tencent Meeting video today. I opened Tencent Meeting, projected my phone screen, and taught him step by step. Fortunately, I downloaded OKX last time. This time, all I need to do is teach him how to trade, how to buy coins, and how to deposit and withdraw coins. These three things are common to everyone. Tencent Meeting ended from 10:40 to 12:20. Security precautions, sharing some small experiences of charging and withdrawing over 200000 dollars, and safety tips for buying and selling oil, made him exclaim that it was complicated and headache inducing. I said that there was a person in Shanghai who taught his boss this set of tips. He could earn tens of thousands of yuan in an afternoon and spend money to buy other people's experience, avoiding detours and making it worth it. However, compared to bank transfers, stablecoins offer fast payment and collection, as well as low transaction fees, which still make cross-border merchants like my classmate feel cheap and convenient! So, the field of stablecoin payments will flourish, which is one of the few large-scale application scenarios to be implemented. This can also explain why Circle, as the first stock of stablecoins, is so popular and has skyrocketed all the way!