We've all overlooked a heavyweight player in the payment space: WalletConnect @WalletConnect. The transaction volume of cryptocurrency transfers has already surpassed traditional payment giants, making Web3 payments as smooth as swiping a Visa card. WalletConnect has achieved: 1. Annualized transaction volume (TNV): $400B+ (this is already at a giant-scale level) 2. Ecosystem coverage: 50M+ users / 700+ wallets 3. Real-world implementation: Partnering with dtcpay to enter offline POS systems. Soon, you'll be able to pay with stablecoins by scanning a QR code or using NFC at physical stores. WalletConnect Pay is turning stablecoin payments into a "card-like experience." By combining Web2 and Web3 products, they've optimized the process and eliminated payment friction. Transactions only require a single interaction—no need for repetitive signatures—and it’s compatible with existing POS machines, meaning merchants don’t need to replace hardware. Essentially, they've built a decentralized Visa/MasterCard network. Their token, WCT, plays a key role—not just as a governance token but also as the core for maintaining the security of this massive payment network. Value capture: The larger the payment scale -> the higher the network validation demand -> the stronger the staking and governance utility of WCT. Merchants benefit from lower costs and dual-track checkout options; wallets gain rebates and loyalty systems. In summary: The future of crypto payments isn’t about directly replacing card networks but replicating the seamless experience of card networks. WalletConnect has already laid the groundwork (SDK, POS integration, user base) for seamless adoption.