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Stablecoin project WSPN partners with zero-knowledge proof technology company Polyhedra Network

On October 9th, according to official information, the stablecoin project WSPN (Worldwide Stablecoin Payment Network) and the zero-knowledge proof technology company Polyhedra Network today announced a strategic cooperation. WSPN's flagship stablecoin WUSD will officially introduce Polyhedra Network's advanced zero-knowledge technology, and the two parties will jointly promote the wide application of WUSD in the field of zero-knowledge proof. WSPN will leverage the technical advantages of Polyhedra Network to build WUSD's zero-knowledge ecosystem and develop diverse application scenarios. Polyhedra Network will provide high-performance, high-security zero-knowledge proof infrastructure support for WUSD. The cooperation between the two parties will focus on the following three aspects: 1. Utilize Polyhedra's zkBridge technology to enhance WUSD's cross-chain interoperability and enhance its global availability. 2. Develop a proof-of-reserve mechanism based on zero-knowledge proofs to enhance the transparency and credibility of WUSD. 3. A privacy-enabled trading system will also be launched to meet the privacy and compliance needs of the Financial Institutions Group. WSPN and Polyhedra Network will work together to promote the wide application of WUSD in the field of zero-knowledge proofs, and work together to provide more secure and efficient digital payment services, promoting the vigorous development of both ecosystems.