Lianwaican publishes Chinese research notes about Web3 businesses, infrastructure, and payment systems. Its articles are organized around specific questions about companies and the roles they play. A reader looking into stablecoin payments can find explanations that separate settlement between institutions from the experience of making an ordinary card purchase. Other pieces distinguish the responsibilities of a token issuer from those of a payment application. The publication provides references to source material and gives Chinese readers a way to follow the terminology used in industry announcements. It is useful as a starting point for understanding how different participants fit into a payment system. The site does not provide exchange accounts or payment services.