Wirex has launched a dual stablecoin Visa settlement service on the Stellar blockchain, supporting USDC and EURC. Developed with the Stellar Development Foundation, this service facilitates on-chain card payment processing, offering faster and cheaper transactions compared to traditional banking methods.
Wirex co-founder Pavel Matveev highlighted the service's integration with Visa, while Visa's cryptocurrency head Cuy Sheffield noted the enhanced payment speed and transparency. Stellar CEO Denelle Dixon emphasized the service's compliance for cross-border payments. Users benefit from lower fees, 24/7 service, and support for USD/EUR transactions through Wirex Pay.
Wirex and Stellar Unveil Dual Stablecoin Visa Settlement on Stellar Blockchain
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