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Revolution in online trading: WSPN brings instant stablecoin payments!
WSPN Launches Checkout for E-Commerce to Enable Real-Time Stable Coin Payments and Reduce High Fees.
Revolution in online trading: WSPN brings instant stablecoin payments!
On October 24, 2025, the company WSPN introduced its new product “Checkout”, a system that allows e-commerce platforms to accept and transact large stablecoins in real time. Loud Crypto News The product aims to reduce cross-border payment delays and high fees by integrating stablecoin technology into merchants' infrastructure.
Checkout allows online merchants to accept payments in stablecoins such as WUSD, USDT and USDC, across various blockchains including Ethereum and Solana. WSPN works with licensed payment providers to offer flexible processing options. WSPN founder and CEO Raymond Yuan explains that the goal is to move stablecoins from niche innovations to standardized financial infrastructures.
Optimization of payment processing
The checkout system aims to eliminate the usual three to seven business day wait times for payments and reduce transaction fees that eat into merchants' margins. WSPN positions the product as a practical tool for corporate treasury management rather than viewing it as a speculative investment. The company also plans to use stablecoin technology in various global financial products, including supply chain financing, treasury management and international payroll.
In August 2024, WSPN raised a total of $30 million in a seed round. The round was led by Foresight Venture and Folius Ventures, with participation from Generative Ventures and Yunqi Partners. This initiative, also known as “Stablecoin 2.0,” receives support from Hash Global, RedPoint China, and 30 crypto exchanges.
Growth of the stablecoin market
The market potential of stablecoins is enormous. An analysis by Andreessen Horowitz found that annual transaction revenue in this sector is $46 trillion, surpassing traditional payment methods such as PayPal and Visa. Tether's new business shows that the USDT stablecoin enables transactions for over half a billion users worldwide.
To strengthen management, WSPN also appointed John Partridge, former president of Visa Inc., to the board. Developments in stablecoins could set new standards in financial technology and create a profound change in e-commerce and beyond.