Wirex Pay Expands to Stellar Blockchain
LONDON, June 6, 2025 /PRNewswire/ — Wirex Pay, a leading platform in stablecoin payments, has announced its expansion to the Stellar blockchain, supported by a prestigious grant from the Stellar Community Fund (SCF). This initiative will see Wirex Pay implement its advanced payment infrastructure directly on Stellar’s blockchain, marking a significant step in its development.
Significant Milestone for Wirex Pay
This expansion is a key part of Wirex’s strategy to enhance crypto payment solutions that are efficient, quick, and accessible to users worldwide. The integration with Stellar is expected to provide its ecosystem with a fully native experience of Wirex Pay’s offerings. These services include a borderless current account linked to Visa stablecoin debit cards, which can be used at over 80 million merchants globally, non-custodial business banking options, payroll cards, stablecoin yield alternatives, and comprehensive accounting and reporting tools. Additionally, a Web3 Banking-as-a-Service solution will be available, allowing Stellar-based decentralized applications (dApps) or decentralized exchanges (DEXs) to launch their own branded card programs, including fiat account infrastructures to facilitate easy deposits and withdrawals.
Support from Stellar Development Foundation
Anke Liu, Ecosystem Growth Lead at the Stellar Development Foundation, expressed enthusiasm for Wirex Pay’s project, stating, “Wirex Pay embodies the type of initiative we strive to support through the Stellar Community Fund—one that delivers genuine utility and a superior user experience while aligning with Stellar’s goal of promoting accessible financial services. We look forward to seeing Wirex Pay enhance its engagement with Stellar and bring new functionalities to the network.”
Wirex’s Vision for Financial Accessibility
Daniel Rowlands, General Manager at Wirex Pay, shared his excitement about the expansion, saying, “We are thrilled to announce our move to Stellar. This funding validation accelerates our growth plans.” He emphasized that Stellar’s infrastructure is designed for scalable financial applications, and Wirex aims to provide users with quicker, more affordable, and accessible payment solutions across various sectors, including retail, corporate, and Web3 applications.
Integration Development and Community Engagement
The native integration of Wirex Pay onto the Stellar blockchain is slated to go live in the coming months, with development processes already underway. Early engagement with the community and technical consultations are being conducted to ensure the integration meets the needs of both users and developers within the Stellar ecosystem.
Wirex Pay’s Mission
This strategic move is in line with Wirex’s overarching goal to democratize financial services, particularly in underserved areas where Stellar has a significant impact.
About Wirex Pay
Wirex Pay, a Web3 payment infrastructure created by Wirex, aims to provide non-custodial, blockchain-based payment solutions and financial services for both individuals and businesses. A key feature of Wirex Pay is its ability to issue non-custodial Visa cards, allowing users to effortlessly spend their stablecoins at over 80 million merchants in more than 200 countries where Visa is accepted. By merging the dependability of Visa’s extensive payment network with the groundbreaking nature of blockchain technology, Wirex Pay ensures users can engage in transactions with assurance and ease.
