Wirex: Announced the launch of USD Coin (USDC)

Wirex: Announced the launch of USD Coin (USDC)

  • Wirex have announced the launch of USD Coin (USDC) on the Stellar blockchain
  • This announcement is an important milestone in an ongoing collaboration between the development of the SDF
  • SDF is the non-profit organization that supports the growth and development of the Stellar network
  • With stablecoin adoption has been growing rapidly, proving the utility of fiat-backed assets in the digital economy
  • It’s given 5 million customers more flexibility and choice for faster transactions, lower fees
  • Collaboration with Stellar dates back to 2019, based on our shared goal of democratizing access to the digital economy
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Klarna and Stripe Strengthen BNPL Payments With AI Collaboration

New partnership aims to enhance buy now, pay later services through AI technology.Highlights: Klarna and Stripe team up...

Mastercard and Visa Strengthen Support for Stablecoin Settlement

The payment giants expand their collaboration on stablecoin transactions.Highlights: Mastercard and Visa increase support for stablecoin transactions.The move...

Nexi Strengthens Payment Services with Google Cloud Partnership

New collaboration aims to enhance agentic payments across Europe.Highlights: Nexi and Google Cloud sign a Memorandum of Understanding.Partnership...

Revolut Launches Ultra-Premium Business Card to Challenge Amex

New offering targets high-value business customers seeking premium benefits.Highlights: Revolut introduces an ultra-premium business card for elite customers.The...