Stablecoin Payments Gain Ground with Wirex & Bridge
Hey Payments Fanatic!
Wirex is expanding its payment capabilities through a partnership with Bridge, the crypto startup recently acquired by Stripe for $1.1 billion. The move enables Wirex users in the U.S. to make stablecoin payments at over 80 million Visa merchants globally, using non-custodial wallets for direct transactions via card and bank transfers.
This is made possible by Bridge’s stablecoin orchestration platform, which facilitates instant on/off-ramp solutions. Through API integration, Wirex enhances usability for real-time on-chain swaps and fiat-to-stablecoin conversions, creating a direct link between digital assets and everyday purchases.
“Stablecoins have the potential to revolutionize global payments, offering a reliable, low-cost alternative to traditional banking. With this launch, Wirex Pay is making stablecoin transactions more accessible than ever for U.S. users,” said Dmitry Lazarichev, Co-founder & CEO of Wirex.
This partnership adds another layer to the evolving role of stablecoins in everyday transactions, further embedding digital assets into the payment landscape.
If you’re interested in reading a bit about what’s been happening in Payments, keep scrolling!
Cheers,
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