WasabiCard and Japan Innovation Group reach a strategic partnership to accelerate the digitalization of Japan’s retail industry and the adoption of stablecoin payments

Global stablecoin payment infrastructure provider WasabiCard announced that founder Ray Yang and Fire Liu visited Japan and officially signed a strategic cooperation agreement with SOUSHIN Ltd. The two parties reached an intention to cooperate on promoting the digital transformation of traditional Japanese retail enterprises and deepening collaboration in stablecoin payments.

SOUSHIN Ltd is a young and dynamic Japanese trading company, and also a strategic partner of well-known enterprises such as FamilyMart, Itochu, and Don Quijote, deeply involved in the digital transformation of traditional Japanese companies.

This strategic cooperation aims to combine WasabiCard’s technological capabilities in global payment infrastructure and stablecoin payments with SOUSHIN Ltd’s strong resources in the Japanese retail and trading company ecosystem, helping traditional Japanese retail businesses advance their digital transformation. The partnership will also facilitate in-depth communication and cooperation in the field of stablecoin payments, bringing more efficient and flexible cross-border payment and settlement experiences to Japan’s retail industry.

WasabiCard founder Ray Yang stated: "Global payment infrastructure is entering a new transformation cycle driven by stablecoins and programmable finance. We believe the future of payments will be more global, real-time, and internet-native. The collaboration with SOUSHIN Ltd is an important step for WasabiCard to deepen its presence in the Japanese market and promote the adoption of stablecoin payments in the real economy."

Keiichiro Honda, Vice Chairman of SOUSHIN Ltd, said that WasabiCard’s capabilities in global payment infrastructure and stablecoin payments align closely with their direction of promoting the digital transformation of traditional Japanese enterprises. Both parties will use this opportunity to jointly explore innovative integration of digitalization and new-generation payment methods in the Japanese retail industry.

To date, WasabiCard has served more than 500 enterprise clients globally, issued over 700,000 cards, and the platform’s total transaction volume has exceeded $1 billion. Its payment capabilities are widely used in scenarios including global payroll, ad payment, AI and SaaS subscription payments, and embedded finance. WasabiCard has also integrated with blockchain ecosystems such as Avalanche, Arbitrum, and BNB Chain, and joined the Circle Alliance Program to help expand the global stablecoin payment ecosystem.

About WasabiCard

WasabiCard is a global payment infrastructure platform that delivers issuing, global payments, and cross-border payment capabilities for enterprises, fintech companies, and internet-native businesses through stablecoin-driven financial infrastructure. The platform supports global card issuance, multi-currency settlement, stablecoin deposits, and embedded payment capabilities, all designed for modern global business scenarios. WasabiCard is widely used in advertising campaigns, AI tools and SaaS subscriptions, global payroll, fund management, and digital finance application payment scenarios.