Odaily Planet Daily reports that Tabi, a decentralized consumer finance network, has announced the launch of the "TikTok Value Challenge" (assessment and prize draw) on TikTok and the launch of the first TikTok Web 3 financial layer. This feature allows users to transfer funds using their social media account IDs, solving the cross-border payment and settlement challenges faced by creators.

At the same time, TabiPay, Tabi's payment infrastructure, launched a QR code payment function and took the lead in piloting it in Vietnam to further expand the application scenarios of consumer finance.

As the core of the ecosystem, TabiChain has attracted over 20 million testnet users, bringing users and capital liquidity of Web 2 social platforms onto the chain, connecting underserved capital with Web 3 consumer finance applications.