Encrypted payment channels form the foundation of a parallel financial system that offers faster settlement times, lower fees, and the ability to operate seamlessly across borders. By 2025, blockchain has gradually built a financial payment ecosystem parallel to the traditional financial system. Encrypted payment channels have already handled $200 billion in stablecoin volume and $5.62 trillion in stablecoin transaction volume in 2024, according to adjusted data from Visa, which is more appli...

Encrypted payment channels form the foundation of a parallel financial system that offers faster settlement times, lower fees, and the ability to operate seamlessly across borders. By 2025, blockchain has gradually built a financial payment ecosystem parallel to the traditional financial system. Encrypted payment channels have already handled $200 billion in stablecoin volume and $5.62 trillion in stablecoin transaction volume in 2024, according to adjusted data from Visa, which is more appli...