SINGAPORE, Feb. 27,
2025 /PRNewswire/ --
Worldwide Stablecoin Payment Network (WSPN) is
pleased to announce that its flagship stablecoin,
WUSD, is now accepted at Metro Department Store through dtcpay's
innovative payment solution. This development marks a significant
milestone in bringing stablecoin technology to
mainstream retail, as shoppers at one of Singapore's most iconic department stores can
now use WUSD for their everyday purchases.
The integration follows dtcpay's recently announced partnership
with Metro Department Store, which enables customers to pay with
popular stablecoins including USDT, USDC, and WUSD. This expansion
in WUSD acceptance demonstrates the growing utility of
Stablecoin 2.0 in real-world retail environments,
positioning WUSD among the select digital assets available for
Metro shoppers from day one.
"We're thrilled to see WUSD becoming available to the public at
Metro Department Store through our partnership with dtcpay," said
Raymond Yuan, Founder & CEO of
WSPN. "This represents exactly the kind of practical, everyday
utility that Stablecoin 2.0 was designed to deliver.
As more consumers experience the convenience and stability of using
WUSD for retail purchases, we expect to see accelerated adoption
across the broader market."
Metro customers can now enjoy the benefits of using WUSD for
their shopping needs, including the stability and security that
comes with a digital asset pegged 1:1 to the US dollar. The
integration allows shoppers to pay directly with WUSD at checkout,
creating a seamless experience that makes digital assets more
accessible and practical for everyday use.
This development builds upon the strategic partnership between
WSPN and dtcpay announced in October
2024, which established WUSD as a key digital payment option
within dtcpay's expanding merchant network. The addition of Metro
Department Store to this network represents a significant step
forward in mainstream retail adoption of stablecoin
technology, with WUSD being at the forefront of this
innovation.
About WSPN
WSPN is a leading provider of
next-generation stablecoin infrastructure, committed
to building a more secure, efficient, and transparent payment
solution for the global economy. Their flagship product, WUSD
stablecoin, is pegged 1:1 to the U.S. Dollar and aims
to optimize secure digital payments for Web3 users. WSPN's
Stablecoin 2.0 approach prioritizes user-centricity,
community governance, and accessibility, paving the way for
widespread stablecoin adoption.
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 conduct Digital
Payment Token (DPT) services and other payment services under the
Payment Services Act (PSA). As a leading provider of digital
payment solutions, we pioneer the integration of
stablecoin acceptance into traditional financial
systems. With a vision to make global transactions seamless and
sustainable, dtcpay empowers individuals and businesses to embrace
the future of payments.
Learn more at dtcpay.com.
About Metro
Metro is one of Singapore's most iconic & beloved
department stores, offering a wide range of products across
fashion, beauty, home essentials, and more. With a legacy of trust
and quality, Metro continues to innovate to meet the evolving needs
of its customers.
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SOURCE WSPN
