Wirex and the Stellar Development Foundation have announced a major upgrade: more than 7 million Wirex users can now settle their Visa card payments using USDC and EURC stablecoins.
Wirex now supports dual-stablecoin settlement on the Stellar blockchain, meaning that transactions can be settled in either USDC (US dollar–pegged) or EURC (euro‑pegged stablecoin).
Since Wirex is a principal member of Visa, it can settle payments directly in these two stablecoins without routing payments through traditional banks. Therefore, the upgrade enables over 7 million Wirex users to settle their Visa card payments using USDC and EURC stablecoins without any fuss.
This notable large-scale real-world application of stablecoins on traditional payment rails brings Wirex users the benefits of lower fees, faster processing, and 24/7 settlement. While it bypasses some of the limitations of conventional banking infrastructure, collaboration with Stellar complements Visa card payments rather than replacing them, serving as a bridge between blockchain-based systems and traditional fiat rails.
The blockchain settlement also increases transparency, allowing users and partners to trace payments securely.
According to Wirex, the integration is part of its broader strategy to expand digital asset adoption while providing practical, user-friendly payment solutions.
The move comes as stablecoin usage continues to grow rapidly. Recent industry data show that active stablecoin wallets increased from 19.6 million to 30 million between February 2024 and February 2025, a 53% rise. Over the same period, the total supply of stablecoins grew from $138 billion to $225 billion, while monthly transaction volumes more than doubled from $1.9 trillion to $4.1 trillion. This trend underscores the increasing relevance of stablecoins in both retail and institutional finance.
As stablecoin adoption expands, initiatives like Wirex’s dual-stablecoin Visa settlement demonstrate how digital currencies are moving from trading platforms into real-world financial services, potentially reshaping how payments are conducted globally.
We have earlier reported that businesses using Visa Direct can fund payouts in fiat currency, while recipients, including creators, freelancers, and gig economy workers, can choose to receive funds in stablecoin assets, allowing faster access to earnings.
