WSPN, a leading provider of regulated stablecoin infrastructure, announced a landmark deployment of stablecoin-denominated, asset-backed trade finance, supporting an Australian commodity exporter, JOC Australia Pty Ltd, in a live cross-border shipment financed and settled entirely on-chain.

This transaction marks one of the first times globally that physical commodities have been financed using stablecoins secured by blockchain-native Bills of Lading, proving that digital money can now operate directly within real-world supply chains.

JOC Australia, an exporter of agricultural and frozen-meat products, was conducting a cross-border sale to an overseas buyer under standard trade terms, where part of the payment is received in advance and the balance is settled after shipment.

The transaction was executed using TradeGo's electronic Bill of Lading (eBL) system, which represents legal control of cargo in digital form. JOC used the eBL as collateral to obtain short-term trade financing from WSPN.

Global traders simply pledged its on-chain, asset-backed title and received stablecoin-denominated, fully collateralized trade credit. One block later the goods were financed; one block after payment the title auto-released. Global traders side-step the traditional banking settlement cycle: funds arrive in minutes, not days, and the digital title transfers the moment payment is confirmed. No overnight waits, no weekend gaps, no correspondent-bank float.