[Yu Chen, Chief Consultant of Kun KUN: Opening a New Era of Global Payments] On September 18, at the Token2049 side event Stable Rise held by digital payment company WSPN (Worldwide Stablecoin Payment Network), Yu Chen, Chief Consultant of Kun KUN, delivered a keynote speech entitled "A New Era of Global Payments". Yu Chen emphasized that Web3 payment technology is reshaping the global financial landscape, calling it the "singularity of Web3 scenario explosion". Yu Chen pointed out that today's payment system is undergoing a migration from Web2 to Web3, and blockchain technology has evolved from payment and will eventually prosper through payment. At present, compliance issues are the key to affecting the large-scale adoption of Web3 payments. As the global regulatory environment gradually becomes clear, Web3 payments have the potential to create a trillion-dollar market and play a key role in connecting the real economy with the digital economy. Through its diversified product lines (KUN Exchange, K-Card, PayX), Kun KUN is committed to providing secure and compliant Web2+Web3 one-stop payment solutions for industry enterprises such as advertising services, overseas digital entertainment, cross-border trade and Web3. Today, KUN has connected with major partners in the Web3 payment ecosystem, including stablecoin issuers, cloud service providers, compliant exchanges, payment institutions, etc. We will work together to promote the innovative development of the global digital payment network.