LONDON, May 9, 2025 /PRNewswire/ — Wirex, a prominent name in the realm of Web3 banking solutions, is excited to announce the launch of its Wirex Business platform on BASE, an innovative layer-2 blockchain created by Coinbase. This achievement represents a crucial step in Wirex’s mission to deliver financial services powered by stablecoins to enterprises worldwide.
Wirex Business Launches on BASE Blockchain, Enabling Effortless Stablecoin Transactions for Businesses
The Wirex Business platform is rapidly gaining traction, and its integration with BASE will allow corporate clients to manage treasury operations, issue corporate cards, and oversee expenses using stablecoins such as USDC and EURC. This development enables companies to effortlessly incorporate both fiat and stablecoin transactions into their existing frameworks, while capitalizing on the advanced technology offered by the BASE blockchain.
Key Attributes of Wirex Business on BASE
Corporate Bank Accounts: Wirex Business offers corporate bank accounts that support both fiat currencies and stablecoins, allowing companies to efficiently manage and convert their funds between traditional and digital currencies.
Corporate Visa Cards: Clients of Wirex Business can now issue Visa cards for employees and contractors, facilitating payments at over 80 million merchants in more than 200 countries. The integration of stablecoins like USDC and EURC streamlines spending without the hassle of conversions or delays.
Payroll Cards: Beyond corporate cards, Wirex Business allows the distribution of payroll cards, offering a quick and economical solution for businesses to compensate employees and contractors using stablecoins.
Stablecoin Payments: Companies can now use stablecoins based on the BASE blockchain at over 80 million merchants globally, providing an innovative method for purchasing goods and services while ensuring transparency and speed.
Wirex Business is continuously evolving and extending its influence in the corporate payment sector, presenting a full range of banking and payment solutions suited for Web3 and cryptocurrency enterprises. The partnership with the BASE blockchain signifies a new era for Wirex, aligning its services with cutting-edge blockchain technology to deliver businesses secure, scalable, and seamless payment options.
A Stronger Strategic Collaboration
The move to BASE is only the beginning of a more extensive collaboration between Wirex, BASE, and Circle throughout 2025. The teams are already engaged in developing broader strategic initiatives that aim to revolutionize how businesses manage digital dollars on-chain.
Aspirational Crosschain Goals
This integration is merely the starting point. Wirex Pay has ambitious plans for cross-chain expansion, targeting several major blockchain networks later this year. This vision is rooted in Wirex’s commitment to providing users with native experiences on BASE and other ecosystems, rather than depending solely on swapping or bridging methods. Native integration offers improved user experience, security, and scalability for businesses managing stablecoin transactions across multiple blockchains.
Pavel Matveev, Co-founder of Wirex, stated, "Our expansion to BASE is a pivotal step in our dedication to making Web3 banking services accessible to businesses worldwide. By supporting BASE, we empower corporate clients to utilize seamless, stablecoin-based financial services and incorporate the advantages of decentralized finance into their everyday operations."
Daniel Rowlands, General Manager of Wirex Pay, added, "Wirex Business presents an innovative self-custody model that connects directly with banking and card infrastructure. This self-custody approach enables businesses to retain complete control of their assets while eliminating counterparty risk. By leveraging Wirex’s platform, companies can tap into the potential of stablecoins, supported by the flexibility and security of Web3, transforming the way they manage and transfer funds on a global scale."
For further details about Wirex Business and how to get started, please visit [Wirex’s website].
About Wirex Pay
Wirex Pay is an innovative stablecoin payment platform that connects blockchain advancements with practical usability. Utilizing Zero Knowledge (ZK) technology, Wirex Pay provides unparalleled privacy, scalability, and efficiency, redefining the application of stablecoins in global transactions. Central to Wirex Pay is the issuance of non-custodial Visa cards, enabling users to effortlessly spend their stablecoins at over 80 million merchants in over 200 countries where Visa is accepted. By merging Visa’s dependable global payment network with blockchain innovation, Wirex Pay ensures users can transact confidently and conveniently.
