On September 18th, at the Token2049 side event Stable Rise held by the digital payment company WSPN (Worldwide Stablecoin Payment Network), Yu Chen, chief consultant of Kun KUN, delivered a keynote speech entitled "New Era of Global Payment". 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 is developed from payment and will eventually prosper through payment. The current compliance issue is the key to affecting the large-scale adoption of Web3 payments. As the global regulatory environment gradually clarifies, Web3 payments have the potential to generate a trillion-dollar scale market and play a key role in connecting the real economy and the digital economy. Through its diverse product lines (KUN Exchange, K-Card, PayX), KUN is committed to providing secure and compliant Web2 + Web3 one-stop payment solutions for enterprises in industries such as advertising services, overseas digital entertainment, cross-border trade and Web3. Today, KUN has connected with key partners in the Web3 payment ecosystem, including stablecoin issuers, Cloud as a Service providers, compliance exchanges, payment institutions, etc., and will work together to promote the innovative development of global digital payment networks.