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Information about WalletConnect (WCT)
The WalletConnect Network is an open-source network that connects users to decentralized apps through a secure and interoperable protocol. Since its launch in 2018, WalletConnect has facilitated 150 million connections for over 23 million users through 600 wallets and 40,000 application projects across multiple blockchains.
By creating a standardized way for wallets to interact with onchain applications, WalletConnect allows users to connect their digital wallets to decentralized applications with ease, enabling millions of people to safely engage onchain.
WCT is the utility coin of the WalletConnect ecosystem, operating on OP Mainnet according to ERC20 standard, and can be used to:
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News
Alchemy Pay, the world-leading fiat-crypto payment solutions provider, has partnered with WalletConnect, the backbone of on-chain connectivity, to integrate fiat on-ramp support for its native token, WCT.
This integration enables users across 173 countries to purchase $WCT quickly and securely using their local fiat currencies and preferred payment methods, including credit cards, bank transfers, and mobile wallets.
The positive news has become a strong catalyst driving WCT’s price surge. Compared to its listing price on April 15, WCT has soared by 105.46%.
WalletConnect Token (WCT) was launched by Binance as part of its initiative in enhancing decentralized finance. This token supports trading with popular stablecoins and aims to expand lending and staking options.
Currently valued at 90.52 million USD, WCT’s trading activity and positive market reception reflect its strategic potential in fostering decentralized economies and improving user experience in Web3.
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