Umy, a Web3 tourism and consumption platform, has announced support for USD1 stablecoin on BNB Chain and Ethereum. Umy users can use USD1 to book rooms at over one million hotels, premium travel services, and non-standard customized travel products worldwide. This enables seamless conversion of cryptoassets into real consumption. Umy is one of the first real consumer applications supporting USD1, offering competitive prices, with platform room rates 10-15% lower than the market. With the use of discounts and promotions, prices can be reduced by 25-35%.
Bringing USD1 out of the chain and into the mainstream consumption sector expands the practical application of stablecoin. Umy is committed to developing a multi-chain, multi-currency payment strategy, creating a channel to connect cryptoassets with the real world and accelerating stablecoin application in global tourism and high-frequency consumption. The content is for market information purposes only and does not constitute investment advice.
