SafePal CEO outlines vision for stablecoin ecosystem combining self-custody with everyday banking access
SafePal CEO outlines vision for stablecoin ecosystem combining self-custody with everyday banking access
🔐 Self-custody meets banking
SafePal CEO Veronica Wong has shared her perspective on the future of stablecoins in the newly released WalletConnect State of Stablecoin & Crypto Report.
Wong emphasizes that the stablecoin economy should focus on creating an ecosystem where three key elements come together:
- Self-custody of assets
- Traditional banking access
- Practical everyday usability
This vision aligns with recent demonstrations of WalletConnect Pay integration with SafePal wallets and Ingenico POS systems, showing how stablecoins can be used for daily transactions without the complexity of bridging or swapping between networks.
The approach suggests a shift toward making crypto payments as straightforward as traditional payment methods while maintaining the core principle of user control over funds.
The CEO of @SafePal, @V_SafePal on the stablecoin economy: "It’s about designing an ecosystem where self-custody, banking access, and everyday usability converge.” Read her full take on payments in the brand new WalletConnect State of Stablecoin & Crypto Report.
Your stablecoins are a part of your day. And you should be able to use them simply, without bridging, swapping, and confusion. Just like @Houlgrave uses WalletConnect Pay with her @SafePal wallet + @ingenico POS machine at breakfast. 1 integration. Limitless possibilities.
🎙️ Solana Payments Pulse
WalletConnect has published a new interview in their Payments Pulse series focusing on Solana payments. This follows recent integration announcements: - **Solana support on WalletConnect Pay** - Users can now spend SOL, USDC, and USDT on Solana anywhere WalletConnect Pay is accepted - **BNB Chain integration** - BNB, USDC, and USDT on BNB Smart Chain are now spendable through the platform [Read the full interview](https://walletconnect.com/blog/solana-payments-pulse)
Stablecoins Power $400B in Real-World Purchases
**Stablecoins are being used for everyday purchases**, from coffee to luxury watches, according to WalletConnect Network data. The network facilitated **$400 billion in stablecoin volume** last year, demonstrating real-world adoption beyond speculation. Weekly transaction volumes reached $4.72 billion, showing consistent usage patterns. This data, shared with Bloomberg, indicates stablecoins function as **practical digital money** for regular payments rather than just trading instruments. The range of purchases spans from small daily transactions to high-value items.
BNB Chain Assets Now Spendable via WalletConnect Pay Integration
**BNB Chain tokens gain real-world utility** BNB, USDC, and USDT on BNB Smart Chain can now be spent at any merchant accepting WalletConnect Pay. The integration requires just one connection between wallet and merchant. **Key details:** - Supports BNB Chain's native token and major stablecoins - Works across 500+ compatible wallets - Single integration enables widespread merchant acceptance - Builds on WalletConnect's existing payment infrastructure This expansion follows WalletConnect's October 2025 partnership with DTC Pay, which enabled stablecoin payments across Asian retail and hospitality venues.
WalletConnect Pay Goes Live on Monad Network
**WalletConnect Pay has officially launched on Monad**, creating a new payment infrastructure for crypto transactions. **Key components:** - **Monad** serves as the execution layer, offering fast and cost-effective EVM-compatible transactions - **WalletConnect Pay** provides the checkout layer with wallet integration and QR code functionality - Together, they form a payment rail that payment service providers (PSPs) can integrate **What this means:** The infrastructure enables seamless crypto payments through a tested and operational system. The integration includes Tap to Pay functionality, making digital asset transactions more accessible. The payment solution is now live and available for implementation. [Read the full announcement](https://walletconnect.com/blog/monad-and-walletconnect)
WalletConnect Pay Goes Live on Monad Network
**WalletConnect Pay has officially launched on Monad**, marking a significant integration for the payment SDK. **Key highlights:** - The team has tested the integration and shared a demonstration video - This follows the March SDK release targeting wallets, fintechs, and neo banks - The solution promises quick integration with streamlined UX that hides web3 complexity from end users - **Revenue opportunity**: Wallets can now earn from payment transactions The deployment on Monad expands WalletConnect Pay's reach across blockchain networks, offering a more accessible payment experience.