WSPN was invited to participate in the Singapore Financial Technology Festival to expand the stablecoin payment landscape."
On November 8, at the 2024 Singapore Financial Technology Festival, which brings together mainstream financial institutions and technology giants around the world, Raymond Yuan, founder and CEO of WSPN (Worldwide Stablecoin Payment Network), was invited to deliver a keynote speech entitled "Stabiloin 2.0: A Blueprint for the Global Digital Economy." Raymond Yuan first analyzed the challenges facing the current stablecoin market. He pointed out that existing stablecoins have problems such as insufficient transparency and poor user experience, which restrict the further application and development of stablecoins in the global financial system. In response to these pain points, Raymond proposed an innovative solution for WSPN-stablecoin 2.0. He said that stablecoin 2.0 will truly realize the concept of "coming from the people and serving the people" by introducing community governance, improving transparency, and optimizing user experience. WSPN is actively exploring the application of the stablecoin 2.0 concept to practical scenarios to respond to new demands in the digital economy era. Looking to the future, Raymond particularly emphasized the importance of stablecoins in the AI era. He pointed out that with the deepening of digitalization and intelligence, the stablecoin payment network will gradually replace traditional electronic payment methods and become a key bridge connecting traditional finance and emerging technologies. Raymond further elaborated that with the rapid development of AI technology, the global digital economy is facing unprecedented opportunities and challenges. In this context, stablecoin 2.0 will become a key infrastructure to promote the development of the digital economy. Talking about WSPN's vision and actions, Raymond said that the company is committed to building a diversified product line and a rich application ecosystem. He foresaw that in the future, users will be able to manage various asset allocations through stablecoins, realize daily payments, obtain diversified benefits, and truly build a prosperous value ecosystem. He emphasized that future payment solutions will be based on blockchain smart contracts, and stablecoins are the core driving force of this system.
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