PANews July 23 news, according to Cointelegraph, WisdomTree announced that it will rename its stablecoin WUSD to USDW and plans to launch it on other blockchains in the future. Currently, this stablecoin is only available on the Stellar platform.

On December 13th, WSPN (Worldwide Stablecoin Payment Network), a provider of digital payment solutions, announced that its stablecoin product WUSD will undergo a Smart Contract upgrade from V1 to V2 starting from December 13th. After the contract Address migration is completed, WSPN will bring users an upgraded user experience in terms of security, functionality, and scalability, and further promote the widespread use of WUSD globally in the future. The new contract Address has been announced. According to the publicized plan, the WUSD Smart Contract upgrade will take place from December 13th to December 31st, 2024. During this period, users who already hold WUSD on the partnering platforms do not need to take any further action. WSPN

The Stable Coin project WSPN announced the appointment of Stable Coin and digital asset market expert Austin Campbell as the Chief Executive Officer of the company's U.S. region, aiming to develop WUSD into a leading solution in the emerging Stable Coin 2.0 field. Mr. Campbell has previously managed stable value products at JPMorgan and Citibank, managed reserves and risk control at Paxos, and participated in the design of Stable Coin PYUSD.

Digital payment solution provider WSPN has announced a strategic partnership with blockchain technology company Polygon Labs. The two parties will promote the widespread adoption of WSPN Stable Coin WUSD globally, accelerating the market layout of WUSD. The collaboration includes cooperation in multiple areas, such as payment and tokenization solutions, and African blockchain green finance projects. In addition, the two parties will jointly develop a DeFi platform that combines their respective advantages to provide users with high-quality digital financial services.