WalletConnect Foundation Warns of Scam App on Google Play Store

WalletConnect has published its **State of Stablecoin & Crypto Payments Report**, analyzing $400B in payment activity across its network. The report draws insights from 22 payment service providers, 177 wallets, 125 chains, and 10 regions. **Key highlights include:** - Major players like Stripe, PayPal, Visa, and JPMorgan began running stablecoins in production in 2025 - Weekly stablecoin volume across the WalletConnect Network increased by an additional billion - The $300B stablecoin market is approaching a mainstream tipping point - Report identifies that "stablecoins have a checkout problem, not a tech problem" The report features insights from Solana, Visa, Circle, Tron, Ingenico, and Noble. WalletConnect CEO presented findings at StableCon, highlighting the partnership with Ingenico that provides merchant access in 120+ countries. WalletConnect Pay was also shortlisted for Best Digital Currency Solution at the PayTech Awards 2026. [Download the full report](https://walletconnect.com/stablecoin-payments-report-2026)

**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.

**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.

**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 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)