Digital currency has a wide range of application scenarios, including: online consumption: e-commerce platforms, streaming services, in-game purchases physical store consumption: large retailers, small and medium-sized enterprises, restaurants and cafes, remittances and cross-border payments, investment and transactions Centralized finance (DeFi) tokenization of physical assets
Application scenarios of digital currency
The application scenarios of digital currency are increasingly widespread , covering multiple industries and fields, providing users with diversified consumption and payment options.
Online consumption:
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E-commerce platform: Amazon, eBay, Walmart and other large e-commerce platforms have supported the use of digital currency Pay.
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Online services: Streaming services and app stores such as Netflix, Spotify, and Google Play accept digital currency payments.
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In-game purchases: Game platforms such as Steam and Xbox Live allow players to use digital currency to purchase games and in-game items.
Physical store consumption:
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Large retailers: Physical retail stores such as Walmart, Home Depot, and Starbucks are beginning to embrace digital Monetary payment.
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Small and medium-sized enterprises: More and more small and medium-sized enterprises use digital currency payment terminals to facilitate customer consumption.
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Restaurants and cafes: Some restaurants and cafes support digital currency payment, providing customers with a more convenient settlement method.
Other application scenarios:
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Remittances and cross-border payments: Digital currencies provide fast, low-cost remittances and Cross-border payment services to reduce international transfer fees.
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Investment and Trading: Digital currency exchanges allow users to buy, sell and hold various digital currencies, providing investors with diversified investment options.
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Decentralized Finance (DeFi): The DeFi protocol is based on digital currency technology and provides financial services such as loans, borrowings, and stablecoins without the intervention of centralized institutions.
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Tokenization of physical assets: Digital currency can be used to represent the ownership of physical assets, such as real estate, art, etc., to achieve asset digitization and increase liquidity.
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