In today's rapidly developing digital economy, Blockchain technology is redefining the mobile payment field with its unique advantages. Characteristics such as Decentralization, low cost, and high efficiency make Blockchain a powerful challenger to traditional payment systems. Let us take a closer look at four Blockchain projects that are leading this transformation.

Firstly, Celo, as a blockchain platform focused on mobile devices, has evolved from an independent Layer 1 to an Ethereum Layer 2 solution. Celo’s transaction speed is fast and fees are low, and it even supports transfers using a phone number or email address. Its stablecoin cUSD is not only suitable for various payment scenarios but also the first stablecoin project to obtain the EU MiCA license. Celo’s Valora wallet integrates mainstream stablecoins and connects to fiat payment channels in 173 countries worldwide.

Secondly, Ripple (XRP) focuses on providing mobile solutions for cross-border payments. The XRP Ledger can process 1500 transactions per second, with cross-border transfer fees as low as 0.0002 dollars, and enables real-time settlement. XRP has been integrated into numerous mainstream wallets, allowing users to complete cross-border remittances by simply scanning a QR code. Ripple has established partnerships with over 50 banks across various countries, with a focus on emerging markets.

Third, VeChain Thor combines blockchain technology with the Internet of Things and supply chain management. It uses a dual-token model of VET and VTHO, capable of processing over 1000 transactions per second, and supports smart contract functionality. VeChain's VeWorld wallet has integrated Apple Pay, allowing users to conveniently make supply chain-related payments and traceability. VeChain has established partnerships with several well-known companies, enabling users to not only complete payments via QR codes but also obtain detailed product information.

Finally, Stellar Lumens (XLM) is committed to building a cross-border bridge for inclusive finance. The Stellar network features efficiency and low cost, providing a convenient cross-border payment solution for global users.

These Blockchain projects each have their own characteristics and are promoting innovation in mobile payments on different levels. With the continuous development of technology and the expansion of application scenarios, we can expect Blockchain to play an increasingly important role in the field of mobile payments, providing users with a more convenient, secure, and economical payment experience.