The Anoma Testnet has ended, and I feel like there's something I haven't done these past few days since I can't ride my bike. I joined a bit late, and my ranking isn't very ideal, ultimately settling around the 15,000th position.

As the Testnet was coming to an end, Anoma @anoma released a heavyweight product - AnomaPay @AnomaPay. I had some time to research it today, and it’s quite interesting.

AnomaPay is a global stablecoin router built on the Anoma protocol, leveraging Anoma's intent-centric architecture and cross-chain adapters to provide cross-chain payments and optional privacy protection. It is positioned as the flagship payment application within the Anoma ecosystem and has reached a strategic partnership with Noble @noble_xyz.

Noble is a Cosmos ecosystem stablecoin issuance dedicated chain supported by Paradigm. Many friends have deposited stablecoins into it before, and although the points were delayed for some time, the returns should not be too bad.

AnomaPay retail investors don't have much of a participation perspective, but it is very significant for Anoma; it wouldn't be an exaggeration to say it is the engine on Space X.

As a public chain, it is very difficult to achieve a cold start for the mainnet launch without actual funds and users. If an airdrop does not create a wealth effect, it can easily go cold. Over the years, we have witnessed the downfall of countless L2s; Stark and zkSync have almost become ghost chains.
AnomaPay provides real transaction flow and user base for the upcoming Anoma mainnet launch, solving the cold start issue.

The stablecoin settlement market is large enough, with existing competitors including Stripe (a veteran payment giant), Circle (publicly listed in the US), and StarGate (a key player), among other established Web2/3 giants. It remains to be seen whether they can carve out a share.

Illustration organized by Surf @Surf_Copilot

If operations go smoothly, AnomaPay will upgrade Anoma from a technical demonstration project to a cross-chain payment infrastructure with actual commercial value. Through specific payment scenarios, it has validated the superiority of the intent-centric architecture and established a sustainable value capture mechanism. Anoma's privacy + intent + cross-chain positioning will also be important criteria for future enterprise adoption.

The stablecoin sector is definitely a major event not to be missed in the second half of the year.