WalletConnect Plans Major Push Into Crypto Payments Following Explosive Growth - Crypto Economy

TL;DR

• WalletConnect will launch “Pay” in 2026, extending its connectivity network into retail, e-commerce, and financial services without replacing its core product.
• The network processed more than $400 trillion in volume in 2025, posted 119% year-over-year growth, and connects over 700 wallets with 55.5 million active users.
• Pay will enable crypto payments at points of sale and online platforms, offer multi-chain support, and allow the use of stablecoins such as USDC and USDT.

WalletConnect announced that it will expand into the payments segment in 2026. The initiative will extend its connectivity infrastructure into retail commerce, e-commerce, and financial services, without replacing its main product. The company confirmed that the new payments layer will be built on top of its existing network.

Throughout 2025, WalletConnect processed more than $400 trillion in volume and recorded 119% year-over-year growth. The network connects over 700 wallets and reaches 55.5 million active users. That base is critical in defining the initial scope of the payments product and its integration with merchants and financial platforms.


WalletConnect Seeks to Capitalize on Its Broad User Base

WalletConnect Pay is designed for payment solution providers, point-of-sale systems, and online platforms. The product will allow merchants to accept crypto payments at e-commerce checkouts, through cards, and across fintech applications. Banks and financial institutions will be able to connect to the same rails to offer digital asset payments within their systems.

The company cited industry data showing that annual stablecoin transaction volume already exceeds that of Visa and Mastercard combined. Flows have reached several trillion dollars per year. Despite that scale, the use of stablecoins for everyday purchases remains relatively limited, particularly for consumer goods and physical retail.

WalletConnect’s operating model is based on partnerships with existing payment processors and infrastructure providers. The company confirmed it will not compete directly with traditional firms. Merchants will be able to accept payments from any supported wallet or blockchain without dealing with the technical complexity of each network.


Partnerships, Assets, and Long-Term Goals

The infrastructure supports hundreds of blockchains and multiple assets. WalletConnect Pay will enable payments using stablecoins such as USDC, USDT, PYUSD, and DAI. It will also process transactions in Bitcoin, Ethereum, and Solana, as well as networks like Polygon and Sui. The system abstracts routing and settlement behind a unified payment experience.

WalletConnect has signed agreements with platforms such as Stripe and Coinbase Commerce. Its network integrates compliance providers and fiat-to-crypto on-ramps including SumSub and MoonPay. Previously, the company worked with dtcpay in Singapore to offer crypto payments at points of sale across the Asia-Pacific region.

The objective is to convert existing on-chain volume into payments that can be used by merchants. Adoption will depend on merchant integration, regulatory flexibility, and the technical execution of the product