Wirex launched USD Coin (USDC) on Stellar through its app, enabling 5 million users across 39 countries to buy, hold, and spend the stablecoin with rewards. The launch marks a milestone in Wirex and the Stellar Development Foundation's ongoing collaboration to expand financial access through blockchain.
Wirex announced the launch of USD Coin (USDC) on the Stellar blockchain within its app at Stellar's Meridian conference in Rome. The integration enables Wirex's 5 million users across 39 countries to access USDC and earn up to 8% in WXT rewards on purchases made with Wirex's crypto-enabled debit card. USDC is a fully reserve-backed stablecoin issued by Circle and redeemable 1:1 for U.S. dollars. This announcement represents a key milestone in the multi-year collaboration between Wirex and the Stellar Development Foundation, which has focused on democratizing access to the digital economy. The partnership has also produced research reports on cryptocurrency adoption that have become benchmarks for industry analysts and policymakers.
