SINGAPORE, Feb. 28,
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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