November 5, 2024, Global – In a remarkable development, WSPN has unveiled a partnership with Viction, a key player in Layer-1 blockchain, and the Ninety Eight (formerly Coin98) ecosystem to make a giant leap in Web3 development. The primary objective of this common goal is to promote the use of WUSD stablecoin and its penetration into developing economies.
As a result of the partnership, WUSD is introduced as a native stablecoin for the Viction blockchain, thereby opening new use cases in Web3 and cross-chain. This integration is expected to support liquidity and deliver cross-digital asset ecosystem solutions.
This milestone marks an important juncture in the efforts to make WUSD more widespread internationally. With Viction’s excellent infrastructure and Ninety Eight’s network, they are building a much more user-friendly and dynamic stablecoin landscape.
The collaboration includes comprehensive market expansion strategies with plans to list WUSD on major centralized exchanges and launch joint outreach community programs. The Ninety Eight ecosystem will integrate WUSD into their Coin98 Super Wallet while Viction will provide infrastructural technical support.
The partnership will align its efforts towards the initial target market of Vietnam, where Viction’s regional presence and Ninety Eight’s networks will accelerate consumption through education, development workshops, and ambassador programs. This approach is meant to provide a platform to catalyze growth in the new emerging market over a long period without compromising on standards of Web3 interaction.
Source: https://wspn.io/news_detail.html?id=29
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