Spacecoin Partners with WLFI to Integrate Stablecoin Payments for Satellite Internet
Spacecoin, a decentralized satellite internet project, has forged a strategic alliance with World Liberty Financial (WLFI) through a token swap agreement. The partnership aims to embed decentralized finance into space-based internet infrastructure, leveraging WLFI's USD1 stablecoin for payment and settlement services.
The collaboration follows Spacecoin's successful deployment of three satellites, marking a significant milestone in its mission to provide internet access to underserved regions. The network targets areas lacking physical infrastructure, enabling immediate payment capabilities upon connection.
WLFI's USD1 stablecoin, designed for real-world utility rather than trading, will serve as the backbone for transactional services on the Spacecoin network. This integration underscores the growing convergence of DeFi and satellite technology, potentially reshaping connectivity in remote markets.