According to Pedro Gomes (@pedrouid), WalletConnect now serves as a universal login, payment gateway, and identity layer for crypto wallets (Source: Twitter, May 20, 2025). This development positions WalletConnect as a central infrastructure for decentralized applications, streamlining user authentication and payments across the DeFi ecosystem. For traders, this integration can drive higher wallet interoperability, foster faster on-chain transactions, and potentially increase trading volumes on decentralized exchanges. As WalletConnect becomes more widely adopted, its role as a secure identity solution may further boost institutional and retail participation in the crypto market.