WSPN, a stablecoin infrastructure provider, has announced a partnership with TradeGo, a blockchain-based commodity trade platform, to enhance global trade efficiency. This collaboration integrates WSPN's stablecoin settlement technology with TradeGo's electronic Bill of Lading (eBL) system, facilitating real-time ownership and payment transfers.
The new blockchain solution aims to eliminate delays associated with traditional banking systems, particularly benefiting major trade routes such as Australia-ASEAN and China-Latin America. This initiative is expected to support faster, more transparent transactions and provide improved access to real-time data for lenders and small to medium-sized enterprises (SMEs).
WSPN and TradeGo Collaborate to Enhance Blockchain Settlement in Commodity Trade
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