SINGAPORE, Oct. 10, 2024 /CNW/ — Worldwide Stablecoin Payment Network (WSPN), a leading provider of next-generation stablecoin infrastructure, and dtcpay, a leading regulated digital payments platform, have announced a strategy to revolutionize We are making history with this partnership. Access to stablecoins. For the first time ever, users can now on-ramp WUSD, a fiat-backed stablecoin pegged 1:1 to the US dollar, through dtcpay with zero fees, driving a paradigm shift in the accessibility and affordability of digital assets. Show.
This groundbreaking move heralds a new era for stablecoins, breaking down barriers to entry and empowering individuals and businesses around the world. Now, WSPN and dtcpay are making WUSD a truly borderless and accessible digital currency with a more comprehensive and cost-effective way to utilize stablecoin solutions. This partnership will eliminate fees, allowing users to save significantly on transaction fees annually. WUSD will be gradually rolled out to a number of dtcpay-supported merchants, including luxury properties such as 35A Scotts Whiskey Club and Capella Hotel Group’s flagship property Capella Singapore and Patina Maldives in the Fari Islands It is scheduled to be done. This practical implementation demonstrates the immediate impact and versatility of WUSD in everyday transactions, from luxury experiences to hospitality services.
“The introduction of this zero-fee WUSD by dtcpay is a game-changer for stablecoin 2.0,” said Raymond Yuan, founder and CEO of WSPN. “This partnership embodies our vision to make digital assets truly accessible to all and accelerate the adoption of stablecoins around the world. WSPN is committed to leading this financial revolution. We are proud to be reinventing the future of borderless trading.”
“Partnering with WSPN to offer free adoption of WUSD is a monumental step in making digital assets more accessible and affordable for dtcpay users. We’re excited to lead the way towards a future of sustainable finance, overcoming barriers and creating new opportunities,” said Anson Zeall, Chief Strategy Officer and Compliance Officer at dtcpay.
By eliminating fees associated with WUSD adoption, WSPN and dtcpay will democratize access to stablecoins, encourage greater adoption, and contribute to a more efficient, transparent, and fair financial system globally. We are paving the way for
About WSPN
WSPN is a leading provider of next-generation stablecoin infrastructure, working to build more secure, efficient, and transparent payment solutions for the global economy. The company’s flagship product, the WUSD stablecoin, is pegged 1:1 to the US dollar and aims to optimize secure, sanctioned digital payments for Web3 users. WSPN’s Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread adoption of stablecoins.
Learn more: www.wspn.io | X | LinkedIn
About dtcpay
dtcpay is a regulated major payment institution (MPI) licensed by the Monetary Authority of Singapore (MAS) to carry out digital payment token (DPT) services and other payment services under the Payment Services Act (PSA). is.
As a leading provider of digital payment solutions, we are pioneers in integrating the acceptance of cryptocurrencies into traditional financial systems. With a vision to make global transactions seamless and sustainable, dtcpay helps individuals and businesses embrace the future of payments.
For more information, please visit dtcpay.com.
source WSPN
WSPN Marketing (email protected)