$BTC
On October 9, according to official information, the stablecoin project WSPN (Worldwide Stablecoin Payment Network) and the zero-knowledge proof technology company Polyhedra Network announced a strategic cooperation today. WSPN's flagship stablecoin WUSD will officially introduce Polyhedra Network's advanced zero-knowledge technology, and the two parties will jointly promote the widespread application of WUSD in the field of zero-knowledge proof.
WSPN will leverage the technical advantages of Polyhedra Network to build a zero-knowledge ecosystem for WUSD and develop diversified application scenarios. Polyhedra Network will provide high-performance and high-security zero-knowledge proof infrastructure support for WUSD. The cooperation between the two parties will focus on the following three aspects:
1. Use Polyhedra's zkBridge technology to improve the cross-chain interoperability of WUSD and enhance its global availability;
2. Develop a reserve proof mechanism based on zero-knowledge proof to improve the transparency and credibility of WUSD;
3. A transaction system that supports privacy protection will also be launched to meet the privacy and compliance needs of financial institutions.
WSPN and Polyhedra Network will work together to promote the widespread application of WUSD in the field of zero-knowledge proof, and jointly commit to providing safer and more efficient digital payment services to promote the vigorous development of both ecosystems.