On August 16, WSPN, a stablecoin 2.0 infrastructure company, completed a $30 million seed round of financing. This round of financing was led by Folius Ventures and Foresight Ventures, and many first-line investment institutions, exchanges, and foundations such as Hash Global, Generative Ventures, Yunqi Partners, and RedPoint China participated. WSPN (Worldwide Stablecoin Payment Network) is a new generation of stablecoin 2.0 infrastructure company that aims to provide users with more secure, efficient and transparent payment solutions by establishing a global compliance system and a new payment ecosystem network. WSPN gathers the world's top teams, including CTH, Paxos, Visa and other core members, with more than ten years of payment and stablecoin operation experience. As of now, WSPN has compliance licenses in many major countries and regions, and is supported by more than 30 exchanges, more than 10 mainstream wallets, dozens of large payment institutions and market makers. A global digital payment network is gradually taking shape.