🎉 WSPN has just secured $30.00M in its latest funding round! 🎉
🔹About: The Worldwide Stablecoin Payment Network (WSPN) is a pioneering initiative aimed at revolutionizing digital payments through the use of blockchain technology. At its core, WSPN introduces WUSD, a fiat-collateralized stablecoin pegged 1:1 to the US Dollar, ensuring stability and transparency in transactions. This network leverages distributed ledger technology to create a trustless and global payment system, enhancing the efficiency and security of digital payments. WSPN’s infrastructure includes a robust custodial arrangement where reserve assets are managed by an independent trustee, ensuring the safety of clients’ funds. The project aims to comply with global regulatory standards by obtaining relevant licenses in key financial hubs such as the EU, Hong Kong, Singapore, and the US. By providing a reliable medium of exchange, WSPN facilitates seamless transactions across various use cases, from everyday purchases to large-scale financial operations. The transparency of WUSD is further ensured through public audits and on-chain data verification. With significant seed funding, WSPN is poised to expand its stablecoin infrastructure and solidify its position in the digital payment landscape. This initiative represents a significant step towards a more secure and efficient global financial system. 🚀
🔹 Lead Investors: Foresight Ventures, Folius Ventures, Yunqi Partners, Hash Global and many more.
🔹 Total Raised: $30.00M.
🔹 Project Category: CeFi.
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