Trip.com Overseas Version Launches Stablecoin Payments, Supports USDT and USDC
Trip.com, the overseas version of Chinese travel giant Ctrip, has launched a stablecoin payment option for its global users, supporting both USDT and USDC. The feature, confirmed by sources to Foresight News, is already operational. A user in Vietnam successfully booked a hotel using USDT in under 10 minutes, noting that prices for some bookings were even lower than on the main Ctrip platform or with traditional payment methods.
The service is integrated via Singapore-based licensed crypto payment institution Triple-A and supports multiple blockchains including Ethereum, Tron, and Solana. A key advantage noted is enhanced privacy; for hotel bookings, only a name and email are required, though flights still need standard compliance information. This move is seen as a response to growing global user concerns and a major trust incident Ctrip faced recently.
The article positions this within a broader trend of major corporations—including PayPal, Ant Group, Grab, and manufacturers like BYD and Toyota—adopting stablecoins. The driving forces are varied: for some, it's about becoming stablecoin issuers; for others, it's a pragmatic solution for users in regions with high inflation and limited access to international credit cards. The piece highlights severe currency devaluation in countries like Bolivia, Iran, and Turkey, where stablecoins are becoming a necessary alternative to unstable local currencies. Ultimately, stablecoin adoption is presented not as an idealistic choice, but as the least bad option in areas where traditional financial systems are failing.
marsbit12/25 10:34