Worldwide Stablecoin Payment Network (WSPN) has introduced a cross-chain bridge in partnership with Meson.fi and Free Protocol, enabling seamless transfers of its WUSD stablecoin between Ethereum and Conflux.
This development marks a major step in WSPN’s efforts to expand WUSD’s reach across multiple blockchain networks. The new bridge allows users to quickly move WUSD from Ethereum to Conflux, enhancing flexibility and accessibility in managing digital assets.
Highlighting the significance of the launch, Raymond Yuan, Founder & CEO of WSPN, highlighted the significance of the launch, stating that the bridge eliminates barriers between blockchain networks, giving users greater freedom in utilizing their assets. The initiative aligns with WSPN’s broader strategy to establish WUSD as a key player in multi-chain stablecoin transactions. The company and its partners plan to integrate cross-chain capabilities further to enhance WUSD’s circulation and utility.
Beyond blockchain interoperability, WUSD is also making strides in real-world adoption. WUSD is now accepted at Metro Department Store in Singapore through dtcpay, allowing shoppers to use the stablecoin for purchases alongside USDT and USDC. The move expands WUSD’s real-world utility and strengthens its role in digital payments. WSPN’s CEO said the integration demonstrates Stablecoin 2.0’s practical use in retail. Pegged 1:1 to the US dollar, WUSD offers Metro customers a stable and secure payment option. The partnership builds on WSPN’s collaboration with dtcpay, driving wider adoption of digital assets in everyday transactions.
Additionally, WSPN has expanded WUSD’s footprint within Bitcoin’s ecosystem. Last year, the company partnered with Fractal, a Bitcoin scaling solution, to expand the use of its fully-backed stablecoin, WUSD. The integration enhances Bitcoin’s ecosystem by facilitating fast, secure, cost-effective transactions. Fractal’s technology allows WUSD to support regulated, dollar-denominated activities, including decentralized trading, lending, and payments. WSPN’s CEO emphasized that this move improves WUSD’s stability, transparency, compliance, and utility in Bitcoin’s financial landscape.
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