Wirex has launched dual-stablecoin settlement using USDC and EURC on the Stellar blockchain, in partnership with the Stellar Development Foundation and Visa. This enables on-chain settlement of card payments, offering faster, cheaper, and more transparent alternatives to traditional banking. Users benefit from lower fees, 24/7 availability, and support for both USD and EUR settlements.
Wirex, a global digital payments platform and Visa principal member, announced the live rollout of dual-stablecoin settlement using USDC and EURC on the Stellar blockchain, partnering with the Stellar Development Foundation. This milestone allows on-chain settlement of card payments directly with Visa, bypassing intermediary banks and legacy fiat systems. Quotes from Wirex co-founder Pavel Matveev, Visa's Cuy Sheffield, and Stellar CEO Denelle Dixon highlight the benefits of speed, transparency, programmability, and real-world stablecoin utility at scale. Users and partners gain lower fees, faster processing, and 24/7 availability across USD and EUR. The launch is powered by Wirex Pay, enabling real-time payments from self-custody wallets, redefining borderless Web3 finance. Wirex serves over 7 million customers in 130 countries, while Stellar is optimized for payments with low fees and high scalability.
