PayFi: This is the true way for encryption payments.

Do you know? The traditional financial market is sized at 400-600 trillion USD, while the entire crypto market is only 2 trillion. But for encryption to achieve large-scale application, relying solely on Decentralized Finance (DeFi ) is not enough — the key lies in PayFi.

What is PayFi?

In simple terms, PayFi = Payment + Finance + Blockchain. It not only makes your transfers faster and cheaper but also uses smart contracts to completely connect payment flows and capital flows, creating a new financial market that traditional finance cannot achieve.

According to Visa's stablecoin report: the global supply of stablecoins is about $170 billion, with 20 million addresses conducting on-chain transactions each month, and 120 million addresses holding stablecoins. These data indicate a trend—payments are becoming the next major opportunity for crypto applications.

PayFi vs Decentralized Finance vs Web3 Payments, What's the Difference?

• Web3 payment is only responsible for transfers, cross-border remittances, OTC, and payment card scenarios.
• Decentralized Finance is a trading market, financial operations such as lending and wealth management.
• PayFi = Combining the two, allowing you to obtain financial services while making payments.

For example, when you use stablecoins to purchase goods, at the same time this fund can enter a lending protocol to earn interest – this is the magic of PayFi.

Why has Solana become the king of PayFi?

According to Lily Liu, the chair of the Solana Foundation, Solana has three major trump cards:

1. Underlying Performance — After the Firedancer upgrade, Solana achieves high throughput, low cost, and second-level settlement, which are essentials for the infrastructure of PayFi.

2. Stablecoin Ecosystem — In August of this year, PYUSD's market share on Solana reached 64% (compared to only 36% on Ethereum). Solana partnered with Ondo Finance, Visa, and Circle to launch PYUSD, with on-chain stablecoin monthly volume increasing from $1.8 billion to $3.6 billion.

3. Real Payment Scenarios — Just look at the BreakPoint conference recently held by Solana to understand:

• Use PYUSD or SOL card for offline shopping
• Social e-commerce, in-game payments
• Shopify integration with Blinks supports stablecoin checkout
• Even launched the official mobile phone Seeker and smart watch.

These are not concepts, but real operating payment networks.

What is the core value of PayFi?

TradFi and crypto finance have long been “going their own ways”. PayFi connects the two markets by using stablecoins as a bridge. It not only reduces costs and improves efficiency but also creates a brand new financial market—one where payment and wealth management seamlessly integrate.

PolyFlow co-founder Raymond said it well: PayFi is not addressing surface issues (the difficulty of cross-border remittances), but rather fundamental problems—completely separating the flow of transaction information and the flow of funds, allowing everyone to reach a consensus on a unified ledger. This is the key to large-scale applications of Web3.

The End

DeFi enables the on-chain economy to thrive, while PayFi brings encryption into everyday life. Solana has laid out a clear strategy: using DeFi as the economic engine and PayFi as the growth flywheel. This time, the wolf has truly come.