Wirex and Stellar Launch Dual Stablecoin Visa Settlement: USDC and EURC for 7M+ Users
A New Era in Stablecoin Payments: Wirex and Stellar Go Live
Wirex, the digital payments platform serving over 7 million users worldwide, has partnered with Stellar ($XLM) to launch dual stablecoin Visa settlement using USDC and EURC. Announced on November 18, 2025, this integration enables seamless, instant transaction settlements via the Visa network, leveraging Stellar’s blockchain for efficiency. For crypto newcomers, this means spending stablecoins like cash: Convert USDC (dollar-pegged) or EURC (euro-pegged) to fiat at the point of sale, with settlements happening behind the scenes on Stellar’s fast rails. As Wirex CEO Pavel Durov highlighted in the press release, “This is a leap forward in making stablecoins practical for everyday spending.” With Visa’s global reach, this rollout empowers users to pay anywhere Visa is accepted, bridging crypto and traditional finance effortlessly.
How It Works: Stellar’s Blockchain Powers Visa Settlements
The technology is straightforward yet powerful. Wirex’s cardholders load USDC or EURC into their wallets. At checkout, the transaction settles directly on Stellar, 5 seconds, sub-penny fees, before converting to local currency via Visa. Specifically, USDC handles USD-denominated spends, while EURC supports euro zones, ensuring no FX volatility mid-transaction. Stellar’s network, processing 1,000+ TPS, ensures scalability for Wirex’s 7M+ users across 130 countries. As the release notes, “Stellar’s infrastructure facilitates frictionless stablecoin payments via Visa.” This isn’t bridging; it’s native integration, no intermediaries, no delays. For businesses, it means lower costs (up to 80% savings vs. traditional wires) and real-time reconciliation.
Benefits for Users: Instant, Global, and Cost-Effective Spending
This partnership transforms stablecoin utility. Users enjoy instant settlements, no waiting for batch processing. Global impact? Wirex’s reach spans Europe, Asia, and Africa, where remittances hit $831B yearly. Now, send USDC from London, spend as EURC in Paris, or cash out in Nairobi, all compliant and secure. Fees? Stellar’s $0.00001 average dwarfs card networks’ 2-3%. As Durov added, “7 million users now access dual-stablecoin Visa for everyday payments.” For migrants or freelancers, it’s a lifeline: Hedge inflation with USDC, spend seamlessly. Early adopters report 95% faster transactions than legacy rails.
Stellar’s Role: The Backbone for Compliant, Scalable Payments
Stellar shines as the settlement layer. Its network has processed billions in volumes, powering partners like MoneyGram (400,000+ locations). EURC and USDC integration expands multi-currency support, aligning with MiCA regs for EU users. As SDF’s Raja Chakravorti implied in ecosystem updates, “Stellar bridges crypto to real-world finance.” This boosts $XLM demand, more settlements mean fees in Lumens, with XLM at $0.34 (up 2% post-news). For developers, Soroban enables programmable payments, like auto-conversions.
A Frictionless Future: Stablecoins as Everyday Money
In short, Wirex and Stellar’s launch isn’t incremental. It’s transformative. 7M+ users spend USDC/EURC via Visa. Globally. Instantly. As Q4 2025 ramps up, watch adoption soar. Platforms like Lumexo trade $XLM with low fees. Blockchain is here. It’s spendable.