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Stablecoins make it possible for a global version of Alipay to emerge.
This "Alipay" will definitely use its own public chain as the underlying layer, and it is unlikely to be just a simple payment function.
Why does it seem like this matter can still be accomplished by meta in the social field? Whether it's Instagram, WhatsApp, or Facebook, they previously encountered obstacles with Libra, but developing a public chain using USDC shouldn't be a problem, right?