Umy announces support for the USD1 stablecoin on BNB Chain and Ethereum networks, promoting real-world consumption of crypto assets

Umy announced support for the $USD1 stablecoin operating on BNB Chain and Ethereum networks. Users can now use $USD1 to book over one million hotels worldwide, luxury travel services, and customized non-standard travel products on the Umy platform, achieving seamless conversion of crypto assets into real-world consumption. As one of the first real-world consumption applications supporting $USD1, Umy offers competitive prices, with hotel rates generally 10-15% lower than the market price, and discounts up to 25-35% through coupons and holiday promotions. This move further expands the practical use cases of stablecoins, promoting their entry into mainstream lifestyle consumption. Umy stated it will continue to advance a multi-chain, multi-currency payment strategy, building infrastructure channels connecting crypto assets with the real world, accelerating the application of stablecoins in global travel and high-frequency consumption.