On September 17, at the Token2049 side event Stable Rise, WSPN (Worldwide Stablecoin Payment Network), a leading global digital payment company, and Pharos, an emerging high-performance blockchain platform, announced a strategic partnership. WSPN will build a stablecoin ecosystem on Pharos' EVM-compatible public chain and develop diversified application scenarios. Pharos will designate WUSD as its platform strategic cooperation stablecoin and provide Web3 technical support for WSPN. The two parties will work together to promote the global application of WUSD and jointly pursue the goal of large-scale adoption of stablecoins and attracting the next 1 billion users. Raymond Yuan, Founder and CEO of WSPN, said: "Pharos is a strong partner for us to realize our common dream. Through this cooperation, we will bring more inclusive and efficient blockchain financial services to users and accelerate the large-scale application of stablecoins."