Wirex Launches Stablecoin Payment Services in the US Market
Wirex has expanded into the US market, allowing American users to make payments with stablecoins via Visa. Key points include:
- The partnership with Bridge enables payments from non-custodial wallets without asset control transfer.
- Growing demand for stablecoin payments aligns with consumer interest in using digital assets daily.
- Stablecoin regulation in the US is anticipated to enhance market growth and integration into mainstream finance.
- Visa's network allows Wirex users to shop at over 80 million merchants globally.
- The US stablecoin market has surpassed a market cap of $225 billion.
- Bank of America may consider launching its own stablecoin pending favorable regulations.
Wirex’s US expansion could significantly drive revenue growth as digital payment markets continue to expand.