Umy announces support for USD1 stablecoin running on BNB Chain and Ethereum networks

PANews, May 9th - According to official sources, Umy, the Web3 travel and consumption platform, announced that it officially supports USD1 stablecoin running on the BNBChain and Ethereum networks. Users can now use USD1 to book over one million hotels, luxury travel services, and customized travel products worldwide on the Umy platform, achieving seamless conversion of encrypted assets into real consumption. As one of the first real consumer applications to support USD1, Umy offers competitive prices, with hotel room rates generally 10-15% lower than market rates. Combined with coupons and festival promotions, discounts can reach up to 25-35%. The integration of USD1 has further expanded the practical usage scenarios of stablecoins, promoting their entry into the mainstream consumer market beyond the blockchain. Umy stated that it will continue to promote multi chain and multi currency payment strategies, create a pathway infrastructure connecting encrypted assets with the real world, and accelerate the landing of stablecoins in the global travel and high-frequency consumption fields.