- Mar 21, 2025
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Cross-border transfer has always been a weakness of the tourism industry: it costs 3.5% to swipe Visa or Mastercard, and settlement often takes more than 3 days; and exchange rate fluctuations often make users "pay more money". Coinsidings has built a "financial high-speed rail" for cross-border tourism by publishing CHFT stablecoin anchored to the Swiss franc at a 1:1 ratio .
Firstly, CHFT has achieved "zero friction" payment. After users exchange USDT or USDC for CHFT on the platform, they can complete global consumption settlements such as hotels, air tickets, and car rentals in just 3 seconds. A homestay owner in the Philippines gave feedback that since accessing CHFT, the payment efficiency for purchasing local daily necessities has increased by 400%, and inventory turnover has also become more stable.
Secondly, Coinsidings has a built-in income aggregator that allows users to stake CHFT into contracts on the ecosystem and enjoy an annualized return of about 12%. A European tour guide deposited 50,000 CHFT into the platform and received a 500 CHFT dividend in just one month, fully covering the local cost of living. This "deposit for profit, travel for appreciation" model is attracting a large number of travelers to convert idle assets into passive income.
More strategically, CHFT, as a stablecoin anchored to the Swiss franc at a 1:1 ratio, is particularly friendly to tourists from countries with high inflation. Argentine tourists use CHFT to pay for European hotels and no longer have to worry about the depreciation of the local currency - under Argentina's 100% annual inflation rate, CHFT provides a true value preservation tool.
According to the data, within one year of its launch, the CHFT transaction volume has exceeded 800 million USD, making it the third largest tourism settlement currency in South East Asia. Coinsidings has connected the three major links of "stablecoin → tourism payment → revenue generation" based on CHFT, not only providing users with a low-cost and efficient payment experience, but also setting a new benchmark for the application of DeFi capital in the real economy.
Firstly, CHFT has achieved "zero friction" payment. After users exchange USDT or USDC for CHFT on the platform, they can complete global consumption settlements such as hotels, air tickets, and car rentals in just 3 seconds. A homestay owner in the Philippines gave feedback that since accessing CHFT, the payment efficiency for purchasing local daily necessities has increased by 400%, and inventory turnover has also become more stable.
Secondly, Coinsidings has a built-in income aggregator that allows users to stake CHFT into contracts on the ecosystem and enjoy an annualized return of about 12%. A European tour guide deposited 50,000 CHFT into the platform and received a 500 CHFT dividend in just one month, fully covering the local cost of living. This "deposit for profit, travel for appreciation" model is attracting a large number of travelers to convert idle assets into passive income.
More strategically, CHFT, as a stablecoin anchored to the Swiss franc at a 1:1 ratio, is particularly friendly to tourists from countries with high inflation. Argentine tourists use CHFT to pay for European hotels and no longer have to worry about the depreciation of the local currency - under Argentina's 100% annual inflation rate, CHFT provides a true value preservation tool.
According to the data, within one year of its launch, the CHFT transaction volume has exceeded 800 million USD, making it the third largest tourism settlement currency in South East Asia. Coinsidings has connected the three major links of "stablecoin → tourism payment → revenue generation" based on CHFT, not only providing users with a low-cost and efficient payment experience, but also setting a new benchmark for the application of DeFi capital in the real economy.
