TORTOLA, British Virgin Islands, Aug. 21,
2024 /PRNewswire/ -- WSPN, a globally recognized
digital payments company known for its flagship
stablecoin product Worldwide USD ("WUSD"), today
announced the appointment of former Visa president John
Partridge as Board Director to expand its global presence and drive Web3 payment
innovation.
As part of its US expansion strategy, WSPN will focus on
integrating WUSD into major payment networks and e-commerce
platforms to bridge traditional finance with the growing
decentralized finance (DeFi) sector. The
company will actively pursue strategic partnerships with leading
financial institutions to ensure the seamless integration of WUSD
into existing payment infrastructures, aiming to establish a strong
presence in the US digital payments landscape.
Bringing over two decades of experience in the fintech industry
to his role on the WSPN Board of Directors, Mr. Partridge is most
recognized as President of Visa Inc. from 2009 to 2013. During his
tenure, he played a pivotal role in Visa's historic $19 billion IPO in 2008, which was the largest
U.S. IPO at that time. Additionally, he led efforts to expand
Visa's global footprint, significantly increasing the number of
transactions processed through Visa's network and overseeing the
implementation of Visa's V.me, an ambitious project that aimed to
position Visa at the forefront of digital payments. Mr. Partridge
currently also serves as the Chairman of Velo Payments, a global
fintech company providing an innovative platform for businesses to
optimize global payment operations. He also served as a Board
member of Cigna and
Global Payments, further
demonstrating his expertise and influence in the financial
sector.
With his deep understanding of the US financial market, Mr.
Partridge will play a crucial role in tailoring WSPN's offerings to
meet the specific needs of American businesses and consumers. His
guidance will be instrumental in developing innovative digital
payment solutions that address the evolving demands of the
global market, fostering greater
financial inclusion and efficiency.
"I am incredibly excited to join WSPN at this transformative
moment in the evolution of digital payments," said Mr. Partridge.
"We aim to build the Web3 equivalent of Visa's trusted and widely
accessible payment network, revolutionizing the way businesses and
consumers transact. I am confident that our team's deep experience
in financial services and technology will enable us to deliver
innovative and secure solutions tailored to the needs of the global market."
"John is an exceptional leader with deep expertise in payments.
His appointment is a significant milestone in our mission to bring
the benefits of WUSD and next-generation payment solutions to the
US," said Raymond Yuan, Founder and
CEO of WSPN. "I am confident that with John's guidance, WSPN will
become a trusted force in the
digital payments sector."
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 and licensed 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
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SOURCE WSPN