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TechFlow reported, according to Coindesk, that WSPN, a decentralized payment infrastructure provider, has launched WUSD, a dollar-pegged stablecoin. WUSD is a fiat-collateralized stablecoin pegged to the US dollar at a 1:1 ratio. To ensure fund safety and security, WSPN has adopted multiple reserve asset holding options, including the use of independent trust structures or custodial arrangements, thereby enhancing protection layers and transparency.
According to Coindesk, WSPN, a decentralized payment infrastructure provider, has launched WUSD, a dollar-pegged stablecoin. WUSD is a fiat-collateralized stablecoin issued by WSPN and pegged to the US dollar at a 1:1 ratio. To ensure the safety and security of funds, WSPN has implemented multiple reserve asset holding options, including the use of independent trust structures or custodial arrangements, thereby adding layers of protection and transparency.
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