Singapore-based stablecoin infrastructure startup WSPN has partnered with Polygon Labs to increase the use of its stablecoin, WUSD, in the decentralized finance sector. The collaboration aims to expand the adoption of WUSD in emerging markets through initiatives such as facilitating payments for companies in Hong Kong and Singapore, developing green finance projects for African clients, and building robust defi platforms. WSPN recently secured $30 million in seed funding to support its stablecoin offerings and governance token initiatives. The company has also been developing its governance token framework to enable on-chain voting and community-driven decision-making.



Other News from Today