WSPN, a global digital payments company, announced a strategic partnership with Fractal, Bitcoin’s leading scaling solution, to expand the reach and utility of its stablecoin, WUSD. This collaboration will bring WSPN’s transparent, fully-backed stablecoin to Fractal’s high-performance Bitcoin ecosystem, marking a significant step in WUSD’s mission to bridge traditional finance with digital assets.
The partnership will enable WUSD, which is backed 1:1 by US dollars and fully collateralized by high-quality liquid assets, to be seamlessly integrated into Fractal’s growing network of financial applications. This addresses a critical gap in the Bitcoin ecosystem by combining WSPN’s regulatory-compliant stablecoin infrastructure with Fractal’s ability to support internet-scale applications on Bitcoin. By leveraging Fractal’s unique scaling technology, which has already attracted over 2 million active users since its launch three months ago, WUSD will be able to process high volumes of transactions while maintaining the security guarantees of the Bitcoin network.
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“WSPN is committed to providing transparent, efficient digital payment solutions, and our partnership with Fractal represents a significant advancement in this mission,” said Raymond Yuan, WSPN Founder and CEO. “By bringing WUSD to Fractal’s innovative Bitcoin scaling platform, we’re expanding our reach within the Bitcoin ecosystem while maintaining our core principles of stability, transparency, and compliance.”
This collaboration comes as demand for regulated stablecoins continues to grow within the Bitcoin ecosystem. WUSD’s integration with Fractal will enable new use cases for stable, dollar-denominated transactions, including decentralized trading, lending, and payments. The partnership will leverage Fractal’s scaling capabilities to ensure WUSD transactions remain fast and cost-effective, even during periods of high demand.
“Integrating WUSD into Fractal marks a significant milestone in our mission to build a comprehensive financial ecosystem on Bitcoin,” said Spencer Yang. “By partnering with WSPN, we’re bringing transparent, regulated stablecoin infrastructure to our platform, enabling users to access stable value alongside our native FB token and expanding the possibilities for DeFi applications on Bitcoin.”
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Source – prnewswire
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