Wirex partnered with Visa Direct to let BaaS clients fund push-to-card payouts with stablecoins via embedded APIs.

Partners can embed Stablecoin Push-to-Card and deliver stablecoin-funded payouts to recipients’ eligible Visa cards, enabling near real-time disbursements in select markets. Strategically, this turns Wirex’s BaaS into a compliant on/off-ramp for marketplaces, gig platforms, and cross-border use cases seeking to cut FX and treasury friction. It also extends card acceptance to crypto-sourced balances without requiring merchants to change acquiring setups, pushing stablecoins from trading to settlement utility.

The announcement lands as Visa expands stablecoin functionality more broadly—recently enabling stablecoin funding and payouts on Visa Direct with BVNK, which says it processes over $30 billion in stablecoin payments annually—and builds on Wirex’s earlier support for EURC settlements with Visa.

Expect card schemes and BaaS providers to compete on compliant stablecoin settlement, with payouts emerging as the first mainstream wedge.