WSPN Brings Next-Generation Stablecoin Innovation to Conviction 2025 Vietnam
By FF Newsroom · 6 August 2025

WSPN is set to showcase its stablecoin infrastructure at Conviction 2025 in Ho Chi Minh City, marking a strategic push into Southeast Asia’s digital payment sector. For fintech professionals, the move highlights the growing importance of emerging markets in the stablecoin race and the shift toward 1:1 USD-backed assets for cross-border settlements and real-world asset integration.
What was announced
WSPN (Worldwide Stablecoin Payment Network) will participate in Conviction 2025, a major blockchain and Web3 conference scheduled for August 9-10, 2025, at Thisky Hall in Thu Duc City, Ho Chi Minh City. The event, part of the wider Vietnam Tech Frontier 2025, is expected to draw over 5,000 attendees, 100 speakers, and 100 Web3 projects. The conference serves as a focal point for blockchain builders and investors within the Southeast Asian region.
The provider will highlight its flagship product, WUSD, which is a 1:1 USD-backed stablecoin featuring full collateralization and 24/7 near-instant settlement. At Booth 38, WSPN will demonstrate its strategic partnership with Viction, where WUSD serves as the native stablecoin. This integration on the Viction chain is designed to facilitate gasless transactions and global payments across banking, DeFi, and Real World Assets (RWAs). Visitors will be able to view demonstrations of cost-free WUSD transfers and instant value exchange capabilities.
The company’s presence includes two key speaking sessions. Jann Jiang, Head of Ecosystem & Strategic Partnerships, will join a fireside chat titled "Money Reimagined - Stablecoins and the Future of Financial System" on August 9. Jiang brings experience from traditional banking at DBS and Citibank to the discussion. On August 10, Bryan Foo, Product (Growth) Manager at WSPN, will participate in a panel on accelerating stablecoin adoption in emerging markets, focusing on growth strategies and digital transformation based on his experience in strategy consulting across Asia.
The companies involved
WSPN, known as the Worldwide Stablecoin Payment Network, operates as an infrastructure provider in the digital asset space, primarily through its flagship stablecoin, WUSD. The company focuses on creating 1:1 USD-backed assets that are fully collateralized, aiming to provide a transparent alternative for global payments and settlements. By emphasizing on-chain transparency and 24/7 availability, WSPN targets the gap between traditional banking systems and the decentralized finance (DeFi) market.
The organization’s market strategy involves deep technical integration with specific blockchain ecosystems, most notably Viction. As the provider of the native stablecoin for the Viction chain, WSPN enables specific features such as gasless transactions, which are designed to lower the barrier for entry in digital finance. This partnership reflects a broader trend of stablecoin issuers moving away from being simple asset managers toward becoming integrated technology partners for specific blockchain networks. WSPN’s leadership includes professionals with backgrounds in both traditional tier-one banking institutions and strategy consulting, positioning the firm at the intersection of legacy finance and emerging Web3 technologies.
What this means
The focus on Vietnam signals that the next phase of stablecoin competition is moving beyond Western institutional markets toward high-growth emerging economies. Vietnam’s high crypto adoption rates make it a critical testing ground for "gasless" transactions and native stablecoin integrations. For the broader industry, WSPN’s push suggests that the era of generic stablecoins is ending; the market is now demanding deep integration with specific chains like Viction to solve the friction of transaction costs. This puts pressure on established players to prove they can offer more than just a store of value, but a functional, low-cost payment rail for real-world commerce.