Wirex Becomes Fastest-Growing Stablecoin Payments Infrastructure

Wirex launched its BaaS platform in November 2025, allowing fintech companies and digital banks to connect stablecoin cards, cross-border payments and fiat currency conversion through a single API. The platform settles USDC and EURC over the Visa and Mastercard networks and has secured more than 300 enterprise clients, reflecting stablecoins’ shift from trading instruments to infrastructure for everyday payments and settlement.

Wirex said on April 29, 2026, that the platform had surpassed $1 billion in annualized on-chain stablecoin transaction volume just 131 days after launch, more than twice as fast as RedotPay’s previous record of 276 days. On-chain card transaction volume reached $105 million in March 2026, up 34% month on month and equivalent to about $1.3 billion annualized. The platform has processed more than 2.4 million transactions since launch, including nearly 1.3 million card transactions in March.