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WSPN
WSPN (Worldwide Stablecoin Payment Network) builds a full-stack stablecoin and payments ecosystem, offering stablecoin issuance, wallets, on/off ramps, cards, swaps, yield, and merchant payment tooling. It serves institutional clients, businesses, and consumers seeking fast, low-cost, compliant cross-border digital payments.
Distributed
Description
WSPN is a stablecoin payment network focused on advancing global value flows through next-generation, regulation-compliant stablecoins pegged 1:1 to stable assets. The company offers a comprehensive ecosystem including a digital wallet, on/off ramp services, virtual and physical cards backed by global networks, a swap feature for low-slippage trading, yield-generating 'Earn' products, and end-to-end merchant payment tooling for in-store and e-commerce use cases. It supports mint/redeem operations in under 5 minutes, 1:1 lossless swaps with no slippage or fees, 24/7 operations, and cross-chain movement across 8+ blockchain networks. WSPN holds an EMI license, MSB registrations, and a TCSP license, with more licenses in progress, and serves clients across cross-border finance and remittances, digital asset trading and DeFi, RWA and specialized solutions, creator and gig economies, global commerce and B2B operations, and everyday consumer payments. It reports over 500 institutional clients and more than $10 million in daily transaction volume, and recently secured $30 million in seed funding with former Visa President John Partridge joining its board.Grant Funding
VC Funding
None
2024
$0
$30M