KUN Chief Advisor Yu Chen: Ushering in a New Era of Global Payments

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September 18, 2024
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On September 18th, at the Stable Rise side event held by WSPN (Worldwide Stablecoin Payment Network), a leading global digital payment company, Yu Chen, Chief Advisor of KUN, delivered a keynote speech titled "The New Era of Global Payments." Yu Chen emphasized that Web3 payment technology is reshaping the global financial landscape, calling it the "singularity of Web3 scenario-based explosion."

Yu Chen pointed out that today's payment system is undergoing a transition from Web2 to Web3. Blockchain technology originated from payment development and will ultimately flourish through payment. Currently, compliance issues are the key factor hindering the large-scale adoption of Web3 payments. As the global regulatory environment gradually becomes clearer, Web3 payments have the potential to create a trillion-dollar market, playing a key role in connecting the real economy with the digital economy.

KUN, through its diverse product lines (KUN Exchange, K-Card, PayX), is committed to providing safe 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, KUN has connected with major partners in the Web3 payment ecosystem, including stablecoin issuers, cloud service providers, compliant exchanges, and payment institutions. Together, they will strive to promote the innovative development of global digital payment networks.

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