All news
Articlewww.prnewswire.comWirex6mo ago

Wirex and Ultra Stellar Launch Native Stellar Payment Infrastructure to Power Millions of Users and AI Agents

Wirex and Ultra Stellar launched native Stellar payment infrastructure built on Soroban, enabling stablecoin bank accounts, global card issuance, payouts, and yield directly on-chain for millions of users.

Lumen Loop's take

Wirex, serving 7 million users globally, and Ultra Stellar, the company behind LOBSTR wallet and StellarX DEX, announced a joint native payment infrastructure built directly on Soroban. The infrastructure provides production-ready financial capabilities including stablecoin virtual bank accounts, 1:1 fiat-stablecoin conversion, global co-branded card issuance accepted at 80 million merchants, seamless payouts via ACH, SEPA, PIX, FPS, SWIFT, and up to 6% APY on stablecoin balances. Unlike traditional integrations, this solution is built natively on Stellar, enabling developers and platforms to embed fully functional financial services directly on-chain. The partnership positions Stellar as one of the first blockchain ecosystems with complete native payment infrastructure capable of supporting global cards, bank accounts, and yield powered entirely by stablecoins.

paymentsstablecoins
Share on XShare on Telegram