Information Technology
Wirex Expands Web3 Payments in Europe with Visa-Backed EURC Settlements
The integration of EURC settlement allows Wirex to further streamline cross-border payments and enhance the efficiency of its crypto-to-fiat conversion infrastructure—enabling fast, secure, and cost-effective transactions for users.
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The EURC settlement capability builds on Wirex and Visa's long-standing partnership, which has helped Wirex become one of the first crypto-native platforms to issue Visa, enabling users to seamlessly convert and spend digital assets in real-world scenarios - a model that has since processed over $20 billion in transactions.
This milestone reflects both companies' commitment to advancing the practical use of stablecoins in global payments and helping build a more inclusive, efficient financial system powered by digital assets.
Previously, Wirex Pay a pioneering stablecoin payments platform, joined the Circle Alliance Program — a global network of like-minded companies focused on shaping the future of finance. This membership reinforces Wirex's commitment to collaboration and innovation within the stablecoin ecosystem.
Wirex is a prominent UK-based digital payments platform with over 6 million customers spread across 130 countries. It offers secure accounts, making it easy for users to store, purchase, and exchange multiple currencies seamlessly. As a principal member of both Visa and Mastercard, Wirex goes beyond traditional services, embracing the evolving trends of Web3 to provide mainstream access to digital finance and wealth management. Having processed transactions totalling $20 billion , Wirex aims to contribute to the adoption of a cashless society by facilitating straightforward transactions in various currencies worldwide. Wirex is simplifying digital payments, making it more accessible and convenient for people across the globe.
wirexapp.com
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