DeFi· ★★★· bullish·

Wirex Launches Wirex One on Circle's Arc, Settling Card Payments Directly in USDC

  • —Wirex joined Arc's mainnet on launch day and integrated the network into its payments stack
  • —Wirex's card spending volume reached $2 billion annualized, with 8 million users across 130 countries
  • —More than 20,000 users participated in the Wirex One closed beta
  • —Wirex One offers up to 8% cashback in USD, multi-currency accounts and transfers via SEPA, ACH and Faster Payments
Why it matters: Arc's sub-second settlement could speed up stablecoin payments if the payment layer stops depending on intermediary banks.
#USDC
Source: Cryptonews.net
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