WalletConnect Pay pitches stablecoins as a complement to Southeast Asia's fragmented cross-border payments

The article argues Southeast Asia's cross-border merchant payments remain slow and costly due to multiple currencies, correspondent banking, banking-hour settlement windows, and domestic QR schemes and e-wallets that don't work across borders. It positions stablecoins as a complement, not a replacement, citing onchain settlement in seconds around the clock, finality without chargebacks, lower costs than cards, and one integration across markets. WalletConnect Pay claims reach to 700+ wallets and 900M+ users, $400B+ in 2025 network volume, and fiat settlement via regulated partners.

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