Wirex Introducing on-chain payments Stella directly via card USDC and EURCIn partnership with visa.
How will Wirex’s dual stablecoin deployment with Stellar and Visa work?
above November 18, 2025a global digital payments company Wirex Live dual stablecoin payments using USDC, EURC on the Stellar blockchain is currently operational. This initiative is Stellar Development Foundation (SDF)will enable on-chain settlement of Visa card payments in both dollar- and euro-denominated stablecoins.
According to the company, this is an important milestone for blockchain-powered finance. Additionally, it shows how stablecoins can underpin mainstream payment flows while integrating with existing card networks such as Visa.
What does this mean for Visa card payments?
Because Wirex is a core member of Visa, the company can now fulfill payment obligations directly in USDC and EURC on Stellar. This means that there is no need for intermediary banks or traditional fiat payment systems during the settlement stage of transactions.
Cuy Sheffield, vice president and head of crypto at Visa, said the card giant is working with innovators such as Wirex to test how stablecoins and blockchain can improve payments. In his view, using USDC and EURC with Stellar shows how on-chain processes can bring speed, transparency, and programmability to digital transactions.
Denel Dixon, CEO and executive director of the Stellar Development Foundation, added that the future of finance is “on-chain.” She highlighted that Wirex’s launch of dual stablecoin payments on Stellar is a major step for real-world stablecoin utilities, especially for compliant cross-border remittances.
What are the specific benefits for users and partners?
The companies outlined several direct impacts for end users and business partners. First, USDC and EURC payments are now live and fully operational on the Stellar network, allowing card payment settlements to be performed with Visa and stablecoins directly on-chain via Wirex.
Second, users and business clients benefit from lower fees, faster processing times, and 24/7 availability. But the most strategic advantage may be that the payments infrastructure spans both USD and EUR, supporting global and regional use cases in a unified framework.
The driving force behind the rollout is Wirex Paythe company’s on-chain stablecoin infrastructure for real-time card and bank payments sent directly from self-custodial wallets. By combining the efficiency of blockchain with the programmability of stablecoins, Wirex aims to deliver borderless and instant financial services built for the Web3 economy.
How is Wirex positioned within stablecoin-native finance?
Wirex describes itself as a global digital payments platform that bridges traditional and digital currencies. As a core member of Visa and an early pioneer of encryption-enabled cards, the company now offers much more. 7 million Customers in 130 countries.
We are currently pushing our stablecoin-native infrastructure further. Its strategies include real-time payments, self-custodial wallets, and blockchain-powered banking experiences.
Why is the Stellar network suitable for this payment model?
The Stellar Network is designed as a decentralized, fast, and scalable blockchain for financial products and services. It offers smart contract functionality and a protocol specifically optimized for payments, with low fees and transaction speeds that scale as usage increases.
Financial institutions and fintech innovators around the world are already issuing assets and settling payments on Stellar. Since its launch, the network has processed billions of operations across millions of accounts. For a technical overview of the underlying protocols, please refer to the official Stellar dashboard.
How is this different from traditional bank rail?
Unlike traditional correspondent banking, which often operates during business hours or local payment cycles, this new payment model operates continuously on-chain. The result is near-instant finality and transparent tracking of payment flows.
Additionally, this approach is consistent with the broader industry movement towards programmable money. For analysis of stablecoin adoption in global payments, data from sources such as the GENIUS Act study on EURC payments highlights the growing role of tokenized fiat currencies in cross-border use cases.
In summary, the live rollout of dual stablecoin payments on Stellar puts Wirex, Visa, and Stellar Development Foundation at the forefront of on-chain payments, while the Wirex Stellar payments structure could become the blueprint for future stablecoin-based card ecosystems.
