2026-01-18 19:21:57

The integration of payments and financial infrastructure has become a new topic in the crypto ecosystem. Recently, WalletConnect announced that its payment service will be integrated into hundreds of millions of retail terminals worldwide, sending a clear signal — stablecoins are evolving from a trading tool into a daily payment method.

At the same time, innovation in the DeFi lending sector is progressing. A lending protocol on a certain public chain released a new development plan: allowing users to directly purchase tokenized US Treasuries with USDT, earning an approximate 4% annualized stable return. At first glance, these two news items seem independent, but they actually point in the same direction — crypto assets are completing their transformation from purely transactional assets to consumer finance assets.

A complete value flow cycle is taking shape. RWA (Real-World Asset) products solve the problem of "how to make idle assets appreciate stably," while the expansion of retail payment networks enables these interest-bearing assets to truly circulate. Users no longer need to choose between "returns" and "usage."

The ambitions of lending protocols go beyond this. With over $43 billion in locked assets, they are expanding from single lending tools into a comprehensive DeFi ecosystem. The most imaginative exploration is on-chain credit lending — directly challenging the traditional "over-collateralization" model. Although the community has differing views on its expansion pace, the strategy appears quite solid, especially considering the establishment of cash flow foundations through RWA products.

The next phase of competition may hinge on this: whoever can better embed DeFi into users' real financial lives will hold the advantage. When stablecoins can generate substantial yields and also support offline payments, their value proposition will grow exponentially. For users, an asset that can both appreciate and be liquidated is truly a valuable financial tool.

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hodl_therapist

· 2h ago

Stablecoins need to truly become a payment tool; the key still depends on adoption rate. Merely connecting terminals is useless. --- A 4% annual yield sounds quite attractive, but how long can this gameplay last? --- RWA (Real-World Assets) indeed has imagination, but on-chain credit lending still carries too much risk. I don't trust unsecured assets. --- Basically, it's about making your money both earn and spend. It sounds perfect, but what about in practice? --- A lock-up scale of 43 billion sounds big, but integrating the ecosystem isn't that simple. --- It still feels like just hype. When will there be real large-scale adoption? --- Offline payment capability is the key; otherwise, it can only cycle within the crypto world. --- Switching from over-collateralized to credit lending—can this gameplay pass community approval? It's a bit uncertain.

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GweiWatcher

· 2h ago

Stablecoins are really hitting the streets now, this is the most realistic step. --- RWA+ payment closed-loop, sounds great, but can a 4% return beat inflation? --- $43 billion locked, this number looks intimidating, but how authentic is it? --- The issue of credit lending with over-collateralization still seems uncertain, the community is watching closely. --- I just want to ask, if this system works, will it really benefit small retail investors? --- Using DeFi as a daily financial tool, that's a good idea, but adoption is probably the biggest challenge. --- Okay, maybe this time is truly different; breaking through at the payment layer is the turning point.

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BearMarketMonk

· 2h ago

Stablecoins as a payment method? I'm watching it. Let's first get the gas fees down before bragging. --- RWA+ payments+ lending, this closed loop is indeed tempting, but I'm worried it might just be a PPT ecosystem. --- 4% annual yield sounds comfortable, but who guarantees that on-chain government bonds won't rug pull? --- Over-collateralized lending instead of credit borrowing? That risk is a bit high, friends. --- Real financial life hahaha, first ask how many wallets offline merchants can use. --- A lock-up scale of 43 billion sounds impressive, but why was everyone so impatient when talking about LSD? --- Wait, so my USDT can earn 4% and also let me ride the subway? This sounds too good to be true, something's off. --- Expanding the payment network is a good thing, but the community's disagreement on the expansion pace—what does that say?

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NFTArchaeologis

· 2h ago

In simple terms, stablecoins are evolving from mere transaction certificates to real money. It's a bit like the early evolution from checks to cash; history always repeats itself.

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WenMoon

· 2h ago

Stablecoins are really about to take off, and this time it doesn't seem like hype. Supporting with 43 billion in locked positions, this move is quite strategic. USDT can earn interest and be spent? Wouldn't that make it invincible? Brothers are still over-collateralizing, but others are directly using credit lending. If this combo truly works out, traditional finance will be panicked.

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GasFeeCryBaby

· 2h ago

Honestly, a 4% return rate is indeed tempting, but can it be implemented? --- Stablecoins ultimately return to payments; this is the final goal. --- Over-collateralized on-chain credit lending? Risky players will be crying. --- Finally, someone has linked payments and returns together—that's what we've been waiting for. --- 430 billion in locked positions for this? It looks a bit risky to me. --- Instead of boasting about the next phase, it's better to let the grandmas start using this thing first. --- Offline payment capability + stable returns—if this can be truly achieved, traditional banks will be panicked. --- Feels like there's more talk than action; let's wait and see. --- Huh? Isn't on-chain credit lending afraid of bad debts? How is that calculated? --- This move has some potential, but don't overestimate the execution ability.

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PanicSeller

· 2h ago

Honestly, this set of logic sounds a bit idealistic... A lock-up scale of 43 billion sounds impressive, but how many users are actually on-chain and off-chain? RWA products are indeed attractive, but the key question is whether anyone will actually use stablecoins as a daily payment tool. I think it's still a bit premature... Regarding on-chain credit lending and the challenge of over-collateralization, it feels like the risks haven't been fully calculated. If something goes wrong, don't blame me for not warning you. I'm watching the implementation of stablecoin payments, but don't expect too much from the offline part. There are still many pitfalls to step into.

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