Mobile Payment
Payments made via mobile devices, often using apps or QR codes.
What is Mobile Payment?
Mobile payments in China, led by Alipay and WeChat Pay, reach 943 million users in 2025, controlling 90% market share with $40 trillion processed. Features include contactless NFC and P2P transfers.
In digital assets, they support e-CNY integration, enabling CBDC use in daily transactions. Asia-Pacific dominance sees 86% wallet adoption, with AI and regulation shaping growth.
Related Terms
Mark Price
The fair market price used for margin calculations and liquidations to prevent manipulation.
Order Book
A real-time electronic list of buy and sell orders for a digital asset, organized by price level.
Perpetual Futures
Also called Perpetual Swap, a derivative contract on a Perp DEX allowing traders to speculate on digital asset prices without an expiration date.
TVL (Total Value Locked)
The total value of digital assets staked or locked in a decentralized finance (DeFi) protocol or ecosystem, typically measured in USD.
Primary Dealers
Designated financial institutions authorized to trade directly with the Federal Reserve Bank of New York in government securities, numbering 24 as of 2025.
Market Order
An order to buy or sell a digital asset immediately at the best available current price.