Stellar Powers Wirex Visa Stablecoin Settlement for Global Payments

Wirex launches USDC and EURC Visa stablecoin settlement on Stellar for global card payments through Wirex Pay.

Wirex has moved stablecoin card settlement onto Stellar, linking Visa payments with USDC and EURC settlement rails.

The launch, announced on November 18, 2025, brings blockchain settlement into everyday card payments.

The service targets global users and enables faster value movement across dollar and euro stablecoins through Wirex Pay and Visa’s payment network.

Wirex Brings Stablecoin Settlement to Visa Payments

Wirex, a digital finance company and Visa principal member, has launched dual-stablecoin settlement using the Stellar blockchain. 

The service supports USDC and EURC for card payment settlement. It was developed with the Stellar Development Foundation and is aimed at global payment use.

The launch allows Wirex to settle card payment activity through stablecoins on-chain. This means payment settlement can take place through blockchain rails.

It also gives Wirex another way to meet settlement duties within its Visa-linked payment operations.

Wirex said the system reduces dependence on some traditional banking processes. The company also said the model can support faster settlement across markets.

It uses stablecoins that track the value of the US dollar and the euro.

Pavel Matveev, co-founder and CEO of Wirex, said the system is already live. He said, “Stablecoin-native settlement is no longer a concept.”

He added that it is now operating at scale for global users.

Stellar Supports Dollar and Euro Stablecoin Rails

Stellar was selected for the rollout because it is built for low-cost and fast transfers.

The network is often used for payments, tokenized assets, and cross-border value movement.

Wirex is using Stellar to support settlement in both USDC and EURC. The dual-stablecoin setup gives Wirex access to dollar and euro settlement options.

This can help payment activity in different regions. It also supports card payment flows outside normal banking hours.

The Stellar Development Foundation said the launch shows growing use of blockchain in payment settlement.

Denelle Dixon, its chief executive officer, said the rollout is part of wider on-chain finance growth. She said it shows real-world use for stablecoins.

The settlement model also gives users more traceability than many legacy payment systems.

Blockchain records can show transaction movement across the network. This can support review, audit, and payment tracking processes.

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Visa Expands Stablecoin Settlement Network

Visa has continued to expand its stablecoin settlement work with payment partners.

The company has said its stablecoin settlement network has reached a $7 billion run rate. Wirex’s launch adds Stellar-based USDC and EURC settlement to that wider activity.

Cuy Sheffield, head of crypto at Visa, commented on the Wirex launch.

He said Wirex’s use of USDC and EURC on Stellar shows how on-chain settlement can support speed and transparency. He also referred to programmability in digital payments.

The launch is powered by Wirex Pay, the company’s on-chain payment infrastructure.

Wirex Pay supports real-time payments from self-custody wallets. It connects blockchain activity with card payment access through Visa’s network.

The new system brings stablecoins, Stellar, and Visa card settlement into one payment structure.

It gives Wirex a blockchain-based settlement channel for global payments. It also adds another example of stablecoin use in regulated payment services.

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