Wyre launched a Savings API enabling FinTechs to offer yield-earning savings products using Stellar USDC, with returns far exceeding traditional U.S. savings accounts. The API provides easy on-ramps to Stellar assets and monthly compounding earnings with no ACH fees.
Wyre announced the Wyre Savings API, allowing FinTechs to integrate yield-earning savings products backed by Stellar USDC into their platforms. The API offers annual yields significantly higher than the U.S. average (0.06%), with monthly compounding and no fees for ACH on-ramping. Enterprise clients can use it for treasury management or to power end-user savings features. The launch follows a $5 million investment from the Stellar Development Foundation's Enterprise Fund. Airtm, a Mexico City-based FinTech, is among the first to deploy the API, enabling Latin American users to earn on dollar savings and reduce exposure to local currency devaluation.