Stabledash
Wirex and Algorand Partner to Bring USDC Payments to 7M Users
The collaboration integrates Algorand's blockchain into Wirex's payment network, aiming to bridge DeFi and traditional finance for millions of users worldwide.
December 1, 2025
Companies mentioned:
Wirex and the Algorand Foundation have formed a strategic partnership to integrate USDC on Algorand into the Wirex payment platform.
The integration will allow over 7 million Wirex users to spend USDC at more than 80 million Visa-accepting merchants globally.
The partnership connects Algorand to traditional banking rails like ACH and SEPA and allows developers to access Wirex's infrastructure for card issuance and banking services.
Wirex, the leading global stablecoin payments platform, and the Algorand Foundation today announced a major partnership that integrates native USDC on the Algorand blockchain into Wirex’s app and card network, instantly unlocking fast, low-cost, and fully on-chain stablecoin spending for millions of everyday users
The collaboration connects Algorand’s high-speed, low-fee blockchain directly to Wirex’s Visa card infrastructure and banking rails, allowing its 7 million customers in 130 countries to hold, send, and spend USDC on Algorand exactly like cash – at more than 80 million merchants globally.
Key features now live or rolling out include:
- Real-time spending of Algorand-native USDC via the Wirex Visa card with zero foreign-exchange fees and up to 8% crypto cashback
- Instant, fee-free cross-border transfers to any Wirex card worldwide
- Frictionless 1:1 fiat ↔ stablecoin conversion through local rails (ACH, SEPA, FPS, etc.) with no spreads or hidden costs
- A developer-friendly API that lets Algorand builders plug directly into Wirex’s card issuance, banking, and FX services
“This is the moment stablecoins stop being ‘digital assets’ and start working like actual money,” said Pavel Matveev, Co-Founder and CEO of Wirex. “With Algorand’s instant settlement and our global card and banking network, users can now pay anyone, anywhere, in seconds – on-chain, with no intermediaries and no fees.”
The integration positions Algorand as a core chain in Wirex’s multi-chain stablecoin infrastructure, sitting alongside existing networks while delivering the speed and cost advantages that have made Algorand a favorite for institutional and real-world use cases.
Read More:
https://www.prnewswire.com/news-releases/wirex-and-algorand-expand-stablecoin-payments-with-new-usdc-integration-302629091.html?tc=eml_cleartime
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