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Traveling around the world with just Stable Coin! Foreign media tests show that it can book flights + hotels, teaching you to travel to 5 countries with ease
Travel the world with just Stable Coin! Foreign media tests travel in 5 major countries
Want to travel around the world, but only want to pay with cryptocurrency?
As the adoption of global cryptocurrency continues to rise, the foreign media "Cointelegraph" conducted an interesting experiment to see if it is possible to complete an overseas trip using Stablecoin for payment. The result found that through some platforms and crypto-friendly stores, Stablecoin can handle everything from booking flights, accommodation to food and shopping!
Stable Coin is a cryptocurrency that is pegged to assets such as the US dollar or gold. Its price is relatively stable, making it ideal for travel abroad. Compared to other cryptocurrencies with larger price fluctuations, Stable Coin offers travelers a safer way to store and transfer value.
Cryptocurrency Travel Itinerary: You need to do these things first
Before starting your crypto journey, you need to make a complete plan.
First, you need to open an account on the cryptocurrency exchange and complete the identity verification (KYC) to purchase stablecoins such as $USDC or $USDT.
Next, you need to set up a wallet for your cryptocurrency coin. You can choose a hot wallet like MetaMask or Trust Wallet, or a cold wallet like Ledger or Trezor to store your Stable Coin.
After completing these preparations, you can start planning your itinerary!
How to book flights and hotels using Stable Coin?
"Cointelegraph" suggests that if you want to book flights and accommodations with Stablecoin, you can choose travel service platforms like Travala that support cryptocurrency payments. This platform supports over 60 cryptocurrencies, including Bitcoin, Ripple ($XRP), and Solana ($SOL).
The ticket booking process is quite simple: after choosing the destination and date, you can complete the payment by scanning the QR code or transferring the stablecoin to the specified wallet address. It is important to note that if a refund is needed, it will be returned to the Travala account in the form of travel points.
"Cryptocurrency City" has been tested and flights from Taiwan to Japan can also be found on Travala. The website has Simplified Chinese translation and supports payment with various cryptocurrencies.
We have previously introduced Travala: Is the travel revolution coming? Travala deeply integrates Solana to create a new ecosystem for the future of encryption!
Image source: TravalaTravala platform provides international travel and accommodation services, and supports payment with cryptocurrency coins
Actual arrangement of encrypted travel itinerary: from New York to Singapore
"Cointelegraph" has carefully planned a journey across North America, Europe, and Asia, let's see how Stable Coin can be used everywhere!
The first stop in New York, USA: In this international metropolis, you can shop at Gucci, use stablecoin to purchase gift cards for dining at Starbucks, Subway, and other chain restaurants.
The second stop, Toronto, Canada: This Canadian financial city has a rich crypto ecosystem. You can play board games at Snakes & Lattes, stay at Urban Living Suites, and buy warm handmade sweaters at Gogo Sweaters.
Edinburgh, the third stop in Scotland: Although there are fewer merchants here that directly accept cryptocurrency payments, you can purchase gift cards through Coingate, which can be used for Uber rides or shopping on Amazon without any problems.
Fourth stop, Amsterdam, Netherlands: In this canal city, you can rent a bicycle from Starbikes or take a canal cruise to leisurely enjoy the city's scenery.
The fifth stop, Singapore: As the financial center of Asia, there are many merchants here that accept Stable Coin payments. You can easily buy bags from Charles & Keith, enjoy food at Uchu Wasi, and use Tada for car-hailing services.
Image source: Cointelegraph relies on Stable Coin and cryptocurrency coin for overseas travel planning.
Can Stable Coin become the mainstream of international travel?
As of the second quarter of 2024, the trading volume of Stable Coins reached $8.5 trillion, more than twice the transaction volume of Visa during the same period, indicating that the adoption of Stable Coins is growing rapidly.
There are many advantages to using Stable Coin for travel, such as not worrying about exchange rate fluctuations, low fees, fast transfer speed, etc. However, there are still some challenges, such as limited merchant acceptance and different regulatory requirements in various countries.
With the increasing global acceptance of digital payments, the ability to travel the world without the need for physical coins may become the norm.
However, if you want to achieve a pure Stable Coin journey at present, you still need to plan your route carefully and choose crypto-friendly countries and reliable platforms.
Further reading: Stable Coin is leading the payment revolution! a16z: How does low cost and high speed advantage disrupt finance?
『You can travel around the world with Stable Coin alone! Foreign media can book machine + wine, teach you to travel 5 countries" This article was first published in "Crypto City"