Wirex, a Visa principal member, launched dual-stablecoin settlement using USDC and EURC on Stellar, enabling on-chain card payment settlement with lower fees and faster processing without intermediary banks.
Wirex has gone live with dual-stablecoin settlement on Stellar, allowing card payments to settle directly in USDC and EURC on-chain through its Visa principal membership. The partnership with Stellar Development Foundation eliminates intermediary banks and legacy fiat systems, delivering 24/7 availability, lower fees, and faster processing for users and business partners. Wirex Pay infrastructure enables real-time card and banking payments directly from self-custody wallets, supporting both USD and EUR use cases. Visa confirmed the partnership as part of its exploration of how stablecoins and blockchains can enhance payment experiences with greater speed, transparency, and programmability.
