Analyst: The practicality of cryptocurrencies has become evident, with stablecoins, payment, and communication applications becoming the main scenarios

ChainCatcher news, according to Coindesk, K33 Research analyst David Zimmerman pointed out that despite the skepticism surrounding the MEME coin craze, the actual applications of cryptocurrency have begun to emerge. The market capitalization of stablecoins has reached $175 billion, becoming an important financial tool in emerging markets. In the payment sector, Mastercard has partnered with Mercuryo to enable over 100 million merchants to accept crypto payments; PayPal and Venmo have integrated Ethereum Name Service to simplify the transfer process.

In the communication field, the DePIN project Helium has attracted 113,000 users to its mobile services. In social applications, Telegram, with nearly 1 billion monthly active users, has integrated the Open Network (TON), while LINE, with 230 million monthly active users, has also partnered with Kaia to promote the use of cryptocurrency in instant messaging. The major ride-hailing app in Southeast Asia, TADA, has launched "TADA Mini," allowing users to pay for rides using TON or USDT through Telegram.

Zimmerman emphasized that these developments indicate that cryptocurrency is gradually integrating into daily life, providing real value to users. Although MEME coins still hold a significant market share, the serious aspects of the crypto industry are steadily progressing, offering innovative solutions to real-world problems.