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Articlewww.pymnts.comPYMNTS3y ago

Payment Platform Wirex Launches USDC on Stellar

Wirex now supports USDC on Stellar, enabling 5 million users to save and spend the stablecoin via crypto-enabled debit cards with rewards up to 8% in WXT tokens across 39 countries.

PaymentsStablecoinsFintech
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Payments platform Wirex announced support for USD Coin (USDC) on the Stellar blockchain, allowing its 5 million users to buy, hold, exchange, and spend USDC through the Wirex app using crypto-enabled debit cards. The announcement was made at Stellar's Meridian conference and represents continued collaboration between Wirex and the Stellar Development Foundation since 2019. Users can earn up to 8% in WXT rewards for purchases and redeem USDC 1:1 for U.S. dollars. The integration provides access to Stellar-based USDC and lumens in 39 countries including the U.S., U.K., and Europe, offering faster transactions, lower fees, and easier DeFi access.

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Wirex Pay is a self-custodial card and bank account payment solution powered by smart accounts. It already has a solution design…

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