币界网报道：On July 2, the digital payment sector is facing a transformation, and the once dominant payment giants Visa and Mastercard are facing strong challenges from stablecoins. The emergence of stablecoins not only provides the advantages of lower costs and faster settlements, but is also likely to redefine the global payment ecosystem. Stablecoins, by virtue of their characteristics of not relying on traditional banks and payment networks, significantly reduce the payment costs of merchants, especially cross-border payments, where efficiency and cost advantages are particularly prominent. The market value of stablecoins has reached 253 billion US dollars, and has attracted technology companies, retailers, etc. to join the market, promoting innovation and competition in the payment field. The rapid development of stablecoins in areas such as DeFi (decentralized finance) and cross-chain interoperability has made them a core tool for digital payments. In addition, enterprises and institutional investors have also begun to adopt stablecoins for large cross-border transactions, which has greatly reduced the cost and time of traditional payment channels. How BiyaPay users benefit: For BiyaPay platform users, the rise of stablecoins has brought more opportunities. BiyaPay provides the function of exchanging USDT for more than 30 legal currencies such as US dollars, euros, and Hong Kong dollars, allowing users to conveniently conduct low-cost legal currency and digital asset transactions. The BiyaPay platform provides users with powerful tools to cope with this change with its flexible payment and cryptocurrency trading services. As the payment landscape evolves, BiyaPay will continue to provide users with innovative digital payment experiences.