VISA and Wirex launch on-chain payments in USDC and EURC on Stellar

On November 18, 2025, Wirex, a global digital payments company, announced the launch of a new on-chain settlement system on the Stellar blockchain using two stablecoins—USDC and EURC. This initiative was developed in partnership with the Stellar Development Foundation (SDF) and enables Visa card payments to be settled in both dollars and euros.

How does the Wirex dual-stablecoin system work?

Wirex integrates the USDC and EURC stablecoins into its platform, allowing users to conduct transactions directly on the Stellar blockchain. This means users can use their Visa cards for payments without using intermediary banks or traditional fiat clearing systems.

What does this mean for Visa card payments?

With the launch of this system, Wirex gains the ability to settle payments directly in Stellar-based stablecoins. This significantly simplifies the settlement process, making it faster and more efficient. Users can now conduct transactions with minimal delays and without the additional costs associated with currency conversion.

Specific Benefits for Users and Partners

Wirex users will enjoy a range of benefits, including:

Transaction Speed: Payments will be processed instantly thanks to the blockchain.
Cost Reduction: The elimination of intermediaries reduces transaction fees.
Convenience: The ability to use stablecoins for settlements within the familiar Visa system.

Wirex partners will also benefit from more efficient settlements and the ability to integrate with new financial technologies.

Wirex's Position in Stablecoin Finance

Wirex is taking an active role in stablecoin finance, offering users innovative solutions for managing their assets. With the launch of this new system, the company demonstrates its commitment to integrating blockchain technology into everyday financial transactions.

Why is the Stellar network suitable for this settlement model?

The Stellar network was chosen for this settlement model due to its high transaction processing speeds and low fees. Stellar provides a reliable and secure platform for stablecoins, making it an ideal choice for Wirex and Visa.

How is this different from traditional banking systems?

Unlike traditional banking systems, which often require multiple intermediaries and can be subject to delays, Wirex's new Stellar-powered system allows for direct and instant transactions. This significantly simplifies the process and makes it more accessible for users.

In Conclusion

The launch of on-chain payments in USDC and EURC on Stellar is an important step in the development of digital finance. The partnership between Wirex and Visa opens up new opportunities for users and demonstrates how stablecoins can integrate into existing payment systems, improving their efficiency and accessibility.