wspn

ChainCatcher news, Conflux announced a partnership with the Global Stablecoin Payment Network (WSPN), bringing WSPN's flagship stablecoin WUSD to the Conflux blockchain. WUSD is pegged to the US dollar at a 1:1 ratio, optimizing secure and permissioned digital payments for Web3 users.

ChainCatcher news reports that the digital payment company WSPN (Worldwide Stablecoin Payment Network) has announced the appointment of former Visa President John Partridge to its board of directors, aiming to expand into the U.S. market and drive Web3 payment innovations, creating a Visa for the Web3 era. WSPN is known for its stablecoin product Worldwide USD ("WUSD") and is committed to building a Stablecoin 2.0 payment network to provide global users with a secure and efficient digital transaction experience.Mr. Partridge has over 20 years of extensive experience in the fintech sector, having served as President of Visa from 2009 to 2013. He led Visa's historic $19 billion IPO and drove its global business growth, significantly increasing the transaction processing volume of the Visa network and leading the implementation of the V.me project, which solidified Visa's leadership position in the digital payment space.In addition, Mr. Partridge currently serves as the Chairman of global fintech company Velo Payments. His addition will help WSPN promote the application of the WUSD stablecoin across various ecosystems and scenarios worldwide.

ChainCatcher news, according to Foresight News, stablecoin 2.0 infrastructure company WSPN has completed a $30 million seed round financing, led by Foresight Ventures and Folius Ventures, with participation from Hash Global, Generative Ventures, Yunqi Partners, and RedPoint China.It is reported that WSPN is a next-generation stablecoin infrastructure company aimed at providing users with safer, more efficient, and transparent payment solutions by establishing a global compliance system and a new payment ecosystem. WSPN includes core members such as CTH, Paxos, and Visa, boasting over 10 years of experience in payment and stablecoin operations. Currently, WSPN holds compliance licenses in several major countries and regions and has the support of over 30 exchanges, more than 10 mainstream wallets, and dozens of large payment institutions and market makers.