WasabiCard Forms Strategic Partnership with Japanese Innovation Group to Accelerate Digital Transformation and Stablecoin Payment
Original headlineWasabiCard 与日本创新集团达成战略合作,加速日本零售业数字化与稳定币支付落地
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WasabiCard, a global stablecoin payment infrastructure provider, has signed a strategic partnership with Japan's SOUSHIN Ltd (日本创新集团) to accelerate digital transformation and stablecoin payment adoption across Japanese retail. SOUSHIN, a trading firm with strategic ties to FamilyMart, Itochu, and Don Quijote, will combine its retail ecosystem resources with WasabiCard's payment technology to bring cross-border settlement capabilities to traditional Japanese retailers. WasabiCard founders Ray Yang and Fire Liu traveled to Japan for the signing, with the company citing stablecoin-driven, programmable finance as the next phase of global payments. To date, WasabiCard serves over 500 enterprise clients, has issued more than 700,000 cards, and has processed over $1 billion in cumulative transaction volume. The platform is integrated with Avalanche, Arbitrum, and BNB Chain, and is a member of the Circle Alliance Program. Watch for concrete pilot deployments with Japanese retailers and further stablecoin settlement integrations as indicators of traction in the Japanese market.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
WasabiCard, SOUSHIN Ltd, Fire Liu, Ray Yang, Itochu, FamilyMart, Don Quijote