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GST Payment Public-chain: “Specific Medicine” for Economic Crisis under the Epidemic

Published

6 years ago

on

The history of mankind is a history of fighting against the epidemic and a history of scientific and technological development. The COVID-19 epidemic had swept the globe in 2020, causing global economic hardship and countless people fought against the epidemic. However, the Blockchain technology greatly played the role of on-chain efficiency (namely its characteristics, such as openness and transparency, promptness and efficiency, and convenient interaction) during the epidemic. The innovation based on Blockchain and digital asset is still comprehensively carried out, and plays a very important role especially in such fields as intelligent digital management of the epidemic, cross-border payment and supply chain financial service.

Now, the Blockchain technology is increasingly being used in the emerging market and one of the primary causes is the availability of liquidity. Furthermore, there is a strict public health target and quarantine guideline now and people can realize necessary contactless experience via digital asset. It can be predicted that this new COVID-19 epidemic has caused many payment service providers to rethink their business and operating models.   

The digital asset is increasingly being recognized to be able to provide the convenience for payment, especially when it is combined with Blockchain technology. Although the epidemic still continues globally, the industry innovators have achieved remarkable growth in terms of extensible Blockchain payment solution. With Blockchain as the carrier, GST builds a new payment public Blockchain ecology, and enhances the payment speed and realizes high reliability, improves data transparency and accomplishes the reduction of long-term operating costs by the technical advantages of the Blockchain (such as distributed storage, openness, transparency and data traceability).

The cross-border payment is a good example. The real-time settlement of cross-border payment is deemed as a business requirement by many people and required by the consumers and enterprises. The GST Blockchain payment solution deeply has solved the problem relating to the cross-border payment and improved the portability and security of currency. GST can carry out payment and settlement in the premise of avoiding various central controls, is born with transnational nature, free from any geographical restriction and anonymous and tamper-proof, and can transfer the fund all over the world within several minutes.

Now, GST is carrying out GSTswap project. GSTswap is a completely decentralized digital currency exchange platform developed based on GST bottom layer. The functions of GSTswap (such as exchange, market-making capital pool and creation of trading pair) are realized by the smart contract. Each transaction is conducted by the wallet account with contract signature verification implemented, thus the record about each transaction can be found on the Blockchain; The market making is free without amount threshold limit. Everyone can participate in it and benefit from it.

Moreover, GST deems that when the financial crisis is incurred by the current epidemic, the DeFi on the Blockchain suddenly rises due to its special properties and functions and will help more people to deal with and even get rid of the crisis influence and become the “specific medicine” for overcoming the crisis, (such as avoiding risk of dollars entering the centralized stablecoins and potential financial needs vigorously promoting the DeFi lending).

There are many folk requirements of avoiding risk from buying dollars with other currencies via specialized channels and converting them into various dollar stablecoins. Because the stablecoin stock continuously increases, lots of idle centralized dollar stablecoins are with huge financial needs. Most of such stablecoins are ERC20 tokens issued via Ethereum (such as USDT and USDC) which is applicable to lending for bearing interest and transaction directly in the current DeFi agreement. As various stablecoin holders realize the liquidity and safety advantages of DEFI’s lending, there will be a large number of centralized stablecoins entering the DeFi lending and financing for bearing interest in the future.

GST also thinks that the DeFi payment and transaction will become the green channels of capital control country. Although the capital control is the requirement of protecting financial stability, it has seriously affected the normal trading and investment needs of enterprises and individuals actually, especially in some countries with relatively backward financial infrastructure, such as Egypt and Vietnam. The capital control will cause the citizens have no access to international financial infrastructure. The country’s financial infrastructure is inadequate, and even the country fails to provide the reliable basic financial services, such as cross-border transfer and transaction of financial assets. The GST DeFi payment is characterized by no border and resistance to review, as a result, the users in the controlled countries can carry out cross-border and domestic payment and transaction, and even invest DeFi synthetic assets to participate in international financial markets.

After each big crisis, some old industrial ecologies will be destroyed and the new formats will appear from the ruins. As the financial infrastructure established on the next-generation Internet, the Blockchain is believed to officially become the mainstream and provide the really inclusive, safe, reliable and reasonable financial services for the whole world after the unprecedented global epidemic+ economic crisis.

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Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Press Release

MEXC Report: 74.2% of Traditional Finance Users Have Shifted Their Trading Activity to Crypto Exchanges

Published

23 minutes ago

on

August 11, 2026

By

Mutsamudu, Comoros, August 11th, 2026, Chainwire

MEXC, a pioneer in 0-fee digital asset trading, has released its report, “The Next-Generation Investor: Behavioral Migration from Traditional Finance to Crypto Exchanges.”

The report reveals that traditional asset trading is gradually shifting toward crypto exchanges. Among surveyed users with a traditional finance background, 74.2% have moved some or all of their traditional asset trading activities to crypto exchanges. Meanwhile, 83.3% of all respondents plan to further increase their traditional asset trading volume on crypto exchanges. Crypto exchanges are evolving beyond digital asset trading platforms to become important gateways for multi-asset trading.

The survey collected 6,185 responses across 13 languages, including 2,874 respondents with traditional finance backgrounds. The report examines the investment behaviors of both crypto-native users and users with traditional finance backgrounds, exploring how trading activities are migrating between traditional financial platforms and crypto exchanges.

Traditional Finance User Migration Emerges as a Key Trend

Beyond the 74.2% of users who have already migrated, another 16.5% of users with a traditional finance background are considering migration, while only 9.2% indicated that they will continue using traditional platforms. This trend is not limited to any specific investment channel: the migration rate among users who have previously invested through commodity ETFs reached 77.8%, while the rate among users who have invested through brokerages or retail banks stood at 73.8%.

Migration is not limited to traditional finance users. Among users whose first investment experience came from the crypto market, 61.9% have already traded traditional assets on crypto exchanges, while 53.4% said crypto exchanges have become their primary venue for trading precious metals, rather than traditional brokerages.

Trading Hours and Fees Are the Two Main Drivers Behind User Migration

The two aspects that respondents were most dissatisfied with when using traditional brokerages were limited trading hours (58.8%) and high fees (54.7%), followed by complex account opening processes and slower execution speeds.

Their reasons for switching to crypto exchanges directly align with these pain points. The top two reasons were likewise 24/7 market access (64.7%) and more competitive fees (53.8%). Other factors included greater asset flexibility, a smoother account opening process, and faster execution speeds. Users are not being attracted by new asset categories alone, but by the significant differences in trading hours, fees, and execution efficiency.

Among all respondents, 83.3% plan to further increase their traditional asset trading volume on crypto exchanges, indicating that migration has not yet peaked.

Nearly 70% of Users Have Missed Trading Opportunities Due to Market Closures

When major macroeconomic events occur over weekends or holidays, traditional markets are often closed, leaving investors unable to respond in a timely manner. The report shows that 69.2% of respondents have experienced this situation.

An increasing number of users are choosing to position themselves ahead of market openings. 73.3% stated that they have used crypto exchange futures to establish positions before traditional markets open, while 58.0% consider this ability to position ahead of time as the greatest advantage of crypto exchanges. Whether users have experienced such situations directly impacts how they evaluate this capability. Among users who frequently miss opportunities due to market closures, 71.3% regard the ability to position ahead of market openings as the greatest advantage; among those who have never encountered such situations, the figure is 37.0%.

MEXC CEO Vugar Usi stated: As more users trade Bitcoin, gold, and U.S. stocks on the same day, a financial infrastructure better aligned with today’s user needs is taking shape. MEXC is committed to building an all-day, 0-fee, single-account, low-friction multi-asset trading platform, bringing users unlimited trading opportunities.

The full report is available at the link.

About This Survey

The survey collected 6,185 valid responses across 13 languages. Among respondents, crypto-native users (those whose first investment experience occurred in the crypto market) accounted for 53.5% of the sample. Users with a traditional finance background (those who had invested through brokerages, banks, or commodity ETFs before using crypto exchanges) accounted for 46.5% (n=2,874).

About MEXC

MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

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Press Release

MEXC Upgrades RealStocks With Three New Features to Enhance U.S. Stock Trading Experience

Published

37 minutes ago

on

August 11, 2026

By

Mutsamudu, Comoros, August 11th, 2026, Chainwire

MEXC, a pioneer in 0-fee digital asset trading, has upgraded its RealStocks trading experience with three new features. The upgrade is designed to improve access to the U.S. stock market, simplify fund and portfolio management, and support users pursuing long-term investment strategies through the MEXC platform.

RealStocks is an innovative cross-market trading product launched by MEXC in collaboration with regulated brokerage partners, allowing eligible users to directly purchase and hold real shares of more than 7,000 US-listed stocks and ETFs. With the new RealStocks Real-World Assets (RWA) feature, users can access a trading experience that more closely mirrors the real U.S. equity market and enjoy applicable shareholder rights where available.

The latest upgrade introduces two additional features to simplify the trading and investment process. When a RealStocks account has insufficient funds, users can now transfer available assets directly from their Spot account during the order process, eliminating the need to pre-fund the RealStocks account. The upgrade also introduces Recurring Investments for stocks, allowing users to set a fixed amount and investment frequency, such as weekly or monthly, to automatically purchase selected stocks. This feature helps reduce the need for manual order placement and supports a more consistent approach to long-term investing.

The RealStocks upgrade further enhances the trading experience for users on MEXC. As a one-stop trading platform, MEXC provides multiple ways to access U.S. equities, including RealStocks, Tokenized Stocks, Stock Futures, and Pre-IPO Launchpad opportunities. MEXC continues to uphold its commitment to “0 Fees” and “Infinite Opportunities” by lowering trading barriers and expanding access to global markets. In July, MEXC offered 0-fee trading across 995 trading pairs, helping users save a total of $112 million in trading fees. In addition, MEXC 0808: Stock Season, the annual brand event, is currently underway, offering 0-fee trading across RealStocks, Tokenized Stocks, and Stock Futures, with a $500,000 prize pool.

Looking ahead, MEXC will continue to enhance its products and services, providing users with broader access to global markets while lowering the barriers to market participation.

About MEXC

MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

Risk Disclaimer:

This content does not constitute investment advice. Given the volatility of financial markets, including digital assets, tokenized assets, and traditional financial products, investors should carefully assess market conditions, underlying asset fundamentals, and potential financial risks before making any investment or trading decisions.

Contact

MEXC PR team
media@mexc.com

About Author

Cloud PR Wire

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

MEXC Lists DAPPOS (DOS) With $60,000 Worth of DOS and 10,000 USDT in Airdrop+ Rewards

Published

53 minutes ago

on

August 11, 2026

By

Mutsamudu, Comoros, August 11th, 2026, Chainwire

MEXC, a pioneer in 0-fee digital asset trading, listed DAPPOS (DOS) in the Innovation Zone, with the DOS/USDT pair opening at 09:07 (UTC) and the DOS/USDC pair opening at 09:27 (UTC) on August 10, 2026. DOS is also available on MEXC Convert for instant, zero-fee token swaps. To celebrate the listing, MEXC has launched the DAPPOS (DOS) Airdrop+ event, offering $60,000 worth of DOS and 10,000 USDT in rewards.

DAPPOS builds low-barrier AI products that make advanced AI accessible without a steep learning curve. Its flagship product, xBubble, is a low-prompt AI agent that automatically codes, tests, and dispatches task-specific AI solutions, allowing users to focus on outcomes rather than manual operation. DAPPOS has raised more than $20 million from investors including Polychain Capital, YZi Labs, Sequoia China, IDG Capital, and other leading institutions. xBubble has attracted over 10,275 paying OCP clients and generated more than $6.8 million in cumulative revenue. DOS serves as the utility and governance token of the DAPPOS ecosystem, used for accessing premium services, paying transaction fees, staking-based participation, and protocol governance. The total supply is fixed at 1 billion DOS.

The DAPPOS (DOS) Airdrop+ event is now underway, running from August 10, 2026, 09:00 (UTC) to August 24, 2026, 09:00 (UTC), with three ways to participate. New users can deposit DOS to share $54,000 worth of DOS, while all users can trade DOS in a spot challenge to share $6,000 worth of DOS. New users can also join a futures challenge, trading DOS futures to share 10,000 USDT in Futures bonuses. Full event details are available on the MEXC Airdrop+ event page.

This listing reflects MEXC’s ongoing commitment to its “0 Fees” and “Infinite Opportunities” vision, eliminating trading costs and helping users seize opportunities across global markets. In July 2026, MEXC listed 199 new tokens and expanded its zero-fee trading pairs to 995. As a one-stop trading platform, MEXC enables users to trade cryptocurrencies alongside real-world assets, including U.S. stocks, ETFs, commodities, and precious metals, within a single account. Backed by rapid asset listings, an extensive selection of assets, industry-leading liquidity, and competitive trading fees, MEXC has become a preferred platform for a growing number of investors. According to CoinMarketCap, MEXC ranked third among global exchanges by trading volume in July. MEXC will continue to accelerate asset listings and product innovation, empowering users to build diversified portfolios across digital and traditional markets.

About MEXC

MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

Risk Disclaimer:

This content does not constitute investment advice. Given the volatility of financial markets, including digital assets, tokenized assets, and traditional financial products, investors should carefully assess market conditions, underlying asset fundamentals, and potential financial risks before making any investment or trading decisions.

Contact

MEXC PR team
media@mexc.com

About Author

Cloud PR Wire

See author's posts

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

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