WSPN and high-performance public chain Pharos announced a strategic cooperation to jointly promote the development of the global stablecoin ecosystem

On September 17, at the Token2049 side event Stable Rise, the world's leading digital payment company WSPN (Worldwide Stablecoin Payment Network) and the emerging high-performance blockchain platform Pharos announced a strategic cooperation. WSPN will build a stablecoin ecosystem on Pharos' EVM-compatible public chain and develop diverse application scenarios. Pharos will designate WUSD as a strategic cooperation stablecoin for its platform and provide Web3 technical support for WSPN. The two parties will work together to promote the application of WUSD on a global scale, jointly pursuing the goal of large-scale adoption of stablecoins and attracting the next 1 billion users. Raymond Yuan, Founder and CEO of WSPN, said: "Pharos is a strong partner for us to realize our common dream. Through this cooperation, we will bring users more inclusive and efficient blockchain financial services, and accelerate the large-scale application of stablecoins. "