Stablecoins are entering a fierce competition, and the Snaplii mobile payment wallet has become the core for customer acquisition of various stablecoins.

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4 hours ago

[Canada, Toronto] Snaplii announced that it is promoting the deep integration of stablecoins with real consumption scenarios through the introduction of its mobile payment wallet and Snaplii Cash. Currently, Snaplii has covered over 300 brands including Amazon, Uber, Starbucks, and Walmart, allowing users to directly use Snaplii to receive instant cashback in real-life scenarios. This means that digital payments are no longer confined to virtual imagination but are truly grounded in everyday consumption.

In the future, Snaplii is building an open global payment closed loop centered around Snaplii Cash:

  • Multi-currency deposits: Whether traditional fiat currencies, mainstream stablecoins, or future new digital assets, they can all smoothly enter the Snaplii wallet;
  • Ecosystem circulation: Funds in the wallet are converted into Snaplii Cash, becoming a unified settlement medium;
  • Retail linkage: Snaplii Cash can freely circulate in consumption scenarios of retail giants like Amazon and Walmart, and can even be exchanged for the brand's stablecoins;
  • Reflow cycle: Funds can seamlessly switch between different stablecoins and different scenarios, ultimately flowing back to Snaplii Cash, forming a sustainable cycle;
  • Global extension: The closed-loop structure is not only applicable in North America but will also continue to amplify its effectiveness in cross-border payments and international consumption.

"We have already brought digital payments into real consumption, and the next step is to extend the value of stablecoins to cross-border payments and the global retail network. Snaplii Cash will become a hub between different forms of funds, allowing every transaction between users and merchants to flow smoothly, ultimately forming a truly complete ecological closed loop," said Spencer Xu, founder of Snaplii.

The strategic significance of Snaplii lies in:

  • Real value: Allowing users to experience the direct value of digital payments and cashback in their daily consumption today;
  • Future direction: Providing channels for cross-border payments, retail stablecoin circulation, and global asset allocation;
  • Strategic positioning: Gradually growing from the entry point of real consumption to become the payment infrastructure for global capital flow.

The company reiterates its mission: Inclusive payments, financial equality. Users can experience real cashback and consumption convenience through Snaplii today, while partners can look forward to more collaboration in the multi-funding deposit and stablecoin closed loop in the future, jointly promoting the globalization of digital payments.

For more information, please visit www.snaplii.com, or search for "Snaplii" directly in the App Store / Google Play to download and experience.

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