SINGAPORE, Oct. 25, 2024 /PRNewswire/ -- Worldwide Stablecoin Payment Network ("WSPN"), a leading digital payments and the issuer of Worldwide USD ("WUSD"), today announced the appointment of Austin Campbell as CEO of WSPN US. Mr. Campbell brings extensive experience in stablecoin markets and digital asset strategy to his new role, including running stable value products at JPM and Citi, managing reserves and risk for the Paxos stablecoins (BUSD, USDP), and having helped to design PYUSD. This appointment signals WSPN's commitment to building first class financial products and revolutionizing the world of payments with its "Stablecoin 2.0" vision to deliver faster, cheaper, and safer transactions for all.
Building on his significant contributions as Head of Strategy, where he was instrumental in shaping WSPN's strategic roadmap and identifying new market opportunities for WUSD, Mr. Campbell will now lead the effort in bringing this vision to the US market and beyond. His primary focus will be on:
"I am incredibly excited to become the CEO of WSPN US," said Mr. Campbell. "Stablecoins are key to improving the global financial system. We intend to build the best products for consumers and end users, creating a fair system where people control their own money and have global access to dollars. Our goal is to bring world-class user experience to stablecoins, where many users making payments in dollars won't even have to think about the fact that they're using blockchain technology. With WSPN, we're committed to building a better economic model that fosters a virtuous cycle of adoption, benefiting the entire ecosystem."
Prior to joining WSPN, Mr. Campbell was the founder and managing partner at Zero Knowledge Consulting, advising on market structure and risk management within the crypto ecosystem. Additionally, he is also an adjunct professor at New York University Stern School of Business, educating the next generation of Web3 leaders. His previous experience, including Paxos, Citi, and JP Morgan, coupled with his thought leadership in stablecoin mechanics, uniquely positions him to lead WSPN US towards a future powered by accessible and equitable financial solutions.
"Austin's expertise and vision have been instrumental in shaping WSPN's strategic direction," said Raymond Yuan, Founder and CEO of WSPN. "We are confident that under his leadership, WSPN US will play a crucial role in driving the mass adoption of stablecoins and transforming the financial landscape for the better."
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About WSPN
WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users. WSPN 's Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.
Learn more: www.wspn.io | X | LinkedIn
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
WSPN Names Austin Campbell CEO of WSPN US to Drive Stablecoin Innovation and Expansion
Navigating the rapidly evolving trading landscape, Lirunex unveiled a set of strategies to meet the demands of global investors. The strategic roadmap includes expanding into key markets, upgrading its regulatory licenses, and enhancing its service offerings.
LIMASSOL, Cyprus, Oct. 25, 2024 /PRNewswire/ -- Lirunex, an award-winning CFD and Forex brokerage, is set to accelerate its global growth trajectory under the strategic leadership of CEO Jack Foong Kim Weng. With over 16 years of experience in the trading industry, Jack has been instrumental in transforming Lirunex from a small trading venture into a prominent brokerage that prioritizes transparency, safety, and trustworthiness. As a seasoned entrepreneur and one of the distinguished alumni leaders from Multimedia University Malaysia, Jack's vision has continuously shaped the company's values and strategic direction.
Jack's journey from a passionate day trader to a renowned entrepreneur is one marked by resilience, adaptability, and keen market insights. His deep experience across various roles, including introducing broker (IB) and fund manager, has provided him with a profound understanding of client needs and industry trends. Under his leadership, Lirunex has not only expanded its market presence but also set ambitious goals for the future, with plans to upgrade its EU and Labuan licenses and explore AI-driven trading solutions.
"At Lirunex, we are committed to creating a fair and transparent trading environment, staying true to our core values," said Jack. "As we continue to grow, our mission is to provide the best possible service and remain the top choice for clients trading CFDs. I believe our future lies in not only meeting the expectations of global investors but exceeding them through technological innovation and unwavering commitment to trustworthiness."
Lirunex's growth has been particularly strong in Southeast Asia, and Jack now aims to replicate this success in East Asia and the MENA region. As part of its strategic roadmap, the company plans to transform its Labuan entity into a full-fledged investment bank within the next three to five years. This will enable Lirunex to diversify its offerings with comprehensive services such as wealth management and investment advisory, catering to a broader range of client needs.
Jack's leadership philosophy focuses on empowering his team through clear communication, continuous learning, and fostering a zero-complaint culture by offering comprehensive training. His dedication to maintaining an agile, client-first approach has helped Lirunex earn its reputation as a reliable and transparent brokerage.
In addition to its robust portfolio of forex, CFDs, stock indices, precious metals, and energy markets, Lirunex distinguishes itself with tight spreads, best execution practices, and cutting-edge trading tools. This client-centric approach has helped Lirunex build lasting relationships with traders and introducing brokers (IBs) globally.
Looking ahead, Jack remains confident that Lirunex will continue thriving in an increasingly competitive and regulated environment by leveraging AI innovations and further solidifying its regulatory standing. His remarkable journey and steadfast leadership are a testament to the company's ability to navigate the challenges of the financial markets and deliver superior trading solutions.
For more information about Lirunex, please visit www.lirunex.com
About Lirunex
Lirunex is a licensed brokerage with presence across Europe and Asia and key markets in Singapore, Hong Kong SAR, Thailand, Vietnam, Mainland China, Indonesia, Philippines, and MENA region. Lirunex's goal is to deliver superior services in currency trading, along with CFDs, equity indices, precious metals, and energies, whilst our clients remain satisfied with their trading experience, offering tech insights, tight spreads, and best execution practices.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Lirunex's CEO Jack Foong Charts Course for Future Growth Amid Market Changes
