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Articlewww.prnewswire.comWirex3y ago

Wirex Expands USDC Support to the Stellar Network

Wirex launched USD Coin (USDC) on Stellar through its app, enabling 5 million users across 39 countries to buy, hold, and spend the stablecoin via crypto-enabled debit card with up to 8% WXT rewards, marking a major milestone in the ongoing Wirex-SDF collaboration for financial inclusion.

PaymentsStablecoinsFinancial Inclusion
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Wirex announced the launch of USDC on the Stellar blockchain at Stellar's Meridian conference in Rome, making the stablecoin immediately available to its 5 million users across 39 countries. Users can now save, exchange, and spend USDC directly through the Wirex app and debit card, earning up to 8% in WXT rewards per transaction. The announcement represents a significant milestone in Wirex's multi-year partnership with the Stellar Development Foundation, which began in 2019 with the shared goal of democratizing access to the digital economy. USDC, issued by Circle and fully reserve-backed, offers users low-cost transactions and faster settlement. The collaboration has also produced joint research reports on cryptocurrency adoption that have become industry benchmarks for policymakers and analysts globally.

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2 projects linked
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SCF
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