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Surprisingly, you can actually shop directly with Crypto Assets in Shanghai!
On the first day of my trip to Shanghai, when I went to buy coffee at Luckin, a local person introduced me to a convenient payment method. It turns out that I can pay directly with Crypto Assets using the Jade Card, and this cup of coffee only cost about 1.5 units of Crypto Assets, which was a very smooth and convenient experience.
This payment method is not only convenient, but the Jade Card also offers an annual yield of 4%, and in June, it will distribute SAHARA airdrop rewards to cardholders, which is expected to yield quite considerable returns.
This innovation transforms on-chain finance into a "practical, profitable, and scalable" complete system, allowing Crypto Assets to truly integrate into daily life.
It is worth noting the three main highlights of this system:
First, its launched digital dollar is pegged to US Treasury bonds, offering a 4% annual yield without the need for locking up funds. By simply depositing USDC, one can receive daily interest. This model is more attractive compared to the static storage of traditional stablecoins, and it has now expanded to the Base network, further enhancing compatibility.
Secondly, this payment card is one of the few cards that can directly use Crypto Assets to pay with Visa. The special feature is that the assets in the card will automatically be converted into interest-bearing stablecoins, while unlocking on-chain rewards such as BTC airdrops and platform discounts, combining practicality and a sense of participation.
Thirdly, its underlying technical architecture not only pursues high TPS but also is compatible with the Solana SVM architecture, supports hardware acceleration, and is specifically designed for high-frequency on-chain financial applications, truly serving daily financial activities such as yield distribution, real-time payments, and on-chain physical asset transactions.
This innovative way of seamlessly integrating Crypto Assets into everyday consumption scenarios has given me a new understanding of the practical prospects of digital assets.