WasabiCard signs strategic partnership with SOUSHIN to advance retail digitization and stablecoin payments in Japan
WasabiCard, a global stablecoin payment infrastructure provider, said its founders Ray Yang and Fire Liu visited Japan and formally signed a strategic partnership agreement with SOUSHIN Ltd, also referred to as Japan Innovation Group. The two sides said they plan to work on the digital transformation of traditional Japanese retailers and deepen cooperation around stablecoin payments. According to the announcement, SOUSHIN is a Japanese trading company and a strategic partner of FamilyMart, Itochu, and Don Quijote, with involvement in the digital transformation of traditional businesses in Japan. WasabiCard said the partnership will combine its payment infrastructure and stablecoin payment capabilities with SOUSHIN’s retail and trading network in Japan to support digital upgrades and cross-border settlement use cases. WasabiCard also disclosed operating figures, saying it has served more than 500 enterprise clients globally, issued more than 700,000 cards, and processed over $1 billion in cumulative transaction volume. The company said its services are used for payroll, ad payments, AI and SaaS subscription payments, and embedded finance, and that it has integrated with Avalanche, Arbitrum, and BNB Chain while joining the Circle Alliance Program.
