WalletConnect Network Hits 256M Total Connections

WalletConnect's representative participated in an interview with PYMNTS, discussing developments in web3 payments infrastructure. The conversation builds on recent episodes of the Payments Pulse series, which has featured discussions with: - Aishwary Gupta, Global Head of Payments, Exchanges & RWA at Polygon - Previous episodes exploring payment innovations in the web3 space The full interview is available on [PYMNTS TV](https://tv.pymnts.com/detail/video/6387715956112). This continues WalletConnect's ongoing dialogue about the intersection of traditional payments and blockchain technology.

The crypto payments landscape is showing concrete signs of mainstream adoption through four distinct channels: - **Crypto card usage** has reached significant transaction volumes - **Neo-banks like Revolut** are rolling out wallet services to their broad user bases - **Traditional banking institutions** are beginning to support retail stablecoin transactions - **WalletConnect Pay** is introducing incentive programs similar to traditional cashback rewards These developments represent a shift from institutional crypto holdings to practical, everyday payment infrastructure that regular consumers can access and use.

**CoinGate**, a crypto payment processor, has published results from integrating WalletConnect's payment infrastructure, showing measurable improvements in checkout performance. **Key Results:** - 20% higher conversion rates at checkout - 25% faster payment processing - Support for 700+ wallets The case study highlights how wallet friction was previously costing CoinGate revenue during the payment process. By implementing WalletConnect's infrastructure, the company reduced technical barriers that were causing customers to abandon transactions. This follows WalletConnect's recent expansion into mainstream payments, including: - Integration with **Ingenico** point-of-sale terminals for in-store stablecoin payments - Support for **TRON** network, accessing major stablecoin payment rails - Launch of **$WCT rewards program** offering up to 2% cashback for users - **Interchange-style revenue sharing** for participating wallets The infrastructure now connects 600+ wallets to 70,000+ apps, positioning crypto payments as a viable alternative to traditional payment methods in both e-commerce and physical retail environments. [Read the full case study](https://walletconnect.com/blog/coingate-case-study-increasing-crypto-payment-conversion-with-walletconnect)

**Major wallet providers streamline TRON ecosystem access** Trust Wallet, Binance Wallet, and SafePal have integrated direct connections to key TRON ecosystem projects, simplifying user access to DeFi and stablecoin services. **Integrated projects include:** - SUN.io - JustLend - Bridgers - Symbiosis Finance - deBridge This integration removes friction for users looking to engage with TRON's DeFi infrastructure and stablecoin flows, making these services more accessible through familiar wallet interfaces.

**WalletConnect Pay launches payment infrastructure for crypto wallets** WalletConnect has introduced a new payment system that distinguishes between peer-to-peer transfers and everyday spending infrastructure. **Key features:** - Interchange-style revenue sharing model for participating wallets - Wallets earn ongoing revenue from actual payment usage - Full UX control maintained by wallet providers - No need to run card programs or handle additional regulatory requirements The system aims to bridge the gap between moving value between users and enabling practical, everyday spending through proper payment infrastructure.