KUN Chief Advisor Yu Chen: Ushering in a New Era of Global Payments
On September 18th, Yu Chen, Chief Advisor of KunKUN, delivered a keynote speech titled "A New Era of Global Payments" at the Token2049 side event Stable Rise, hosted by digital payment company WSPN (Worldwide Stablecoin Payment Network). Yu Chen emphasized that Web3 payment technology is reshaping the global financial landscape, calling it the "singularity of Web3 scenario explosion."
Yu Chen pointed out that the current payment system is undergoing a migration from Web2 to Web3, and blockchain technology, which originated from payment development, will ultimately flourish through payment. Regulatory issues are currently a key factor hindering the widespread adoption of Web3 payments. As global regulatory environments become clearer, Web3 payments have the potential to create a trillion-dollar market, playing a crucial role in connecting the real economy and the digital economy.
KunKUN, through its diversified product lines (KUN Exchange, K-Card, PayX), is committed to providing secure and compliant Web2+Web3 one-stop payment solutions for businesses in industries such as advertising services, overseas digital entertainment, cross-border trade, and Web3. Today, KunKUN has connected with key partners in the Web3 payment ecosystem, including stablecoin issuers, cloud service providers, compliant exchanges, and payment institutions. Together, they will work to drive the innovative development of a global digital payment network.