TechFlow news, August 15 — Tabi's first staking event surpassed $47 million in total value locked (TVL) within one hour of launch. This milestone may signal the rise of a new leader among consumer-focused Layer 1 blockchains. Tabi has taken a crucial step toward its vision of "empowering 8 billion people with financial sovereignty."
Notably, Tabi is preparing to launch the world’s first financial layer solution built on TikTok, enabling users to directly transfer and tip crypto assets using their TikTok ID. Its core application, Tabipay, already supports QR code payments and virtual card spending, effectively closing the loop between crypto assets and the real economy. Tabi is collaborating with local real estate firms and MCN companies in Southeast Asia, Bangladesh, South Korea, and beyond to deploy Web3 payment systems.
TabiChain’s testnet currently serves 20 million users, with monthly active users exceeding 10 million. The upcoming mainnet will integrate key use cases including PayFi payments, e-commerce, gaming, and DeFi, establishing a comprehensive Web3 consumer finance ecosystem.
About Tabi:
Backed by leading institutions and individuals including YZI Labs, Animoca Brands, and the founder of Dragonfly.
As the world’s first Layer 1 dedicated to consumer finance, Tabi combines the Web3 technology stack with Web2 traffic gateways to build the next-generation financial settlement layer.
