I originally thought that the Xlayer of OKX had turned yellow. After all, I was also a witness to OKC back then, and I felt that the OKX system was not very good at making assets on its own. I didn't expect that in the end, the Xlayer pivot went to the payment part. Last week, a friend from OKX gave me a preview, but I didn't expect it to be like this To tell an old story, I remember that in 18 or 19 years, the Gcash wallet in the Philippines (essentially an electronic cash wallet like the Fintech payment license, similar to Alipay) and Western Union Exchange had a new promotion activity: as long as new registered users were developed, 50 pesos (about 0.9U) would be sent online. But these 50 pesos must be consumed within 3 months, otherwise they will be invalidated As a major CX hub in Southeast Asia and one of the three growth engines of Pi coin, the Philippines has launched 70 million new registrations through this event, while the Philippines has only 115 million people nationwide. Of course, this is also in line with the genes of Gcash's shareholder Alibaba, which is far ahead of its competitor Maya (Tencent Investment) Small payments themselves cannot make money, as it is an industry with low profit margins. Payment that can make money is basically written in the criminal law. Alipay does not make money by payment, but by payment. It earns money by selling various financial products and personal loans Payment in Crypto is not just about "that kind of business", but also about making payments for the sake of payment. On the one hand, it is high net worth that attracts the demand for travel and tax avoidance, and on the other hand, it is actually a disguised form of land promotion. Gcash and Maya finally went to work on Crypto, because compared with their bitter traditional fintech, Crypto is too fucking profitable In addition, if you have hundreds of millions of global users and are financial users, then any strongman in the world, even CCP or Americans, must weigh and discuss before touching you, because the impact is too bad. Durov also lifted it high and gently put it down Lao Xu understands