Wirex has reached over $1 billion in annualised onchain stablecoin quantity in 131 days on its Banking-as-a-Service (BaaS) service. We’ve achieved this in lower than half the time taken by main rivals, a milestone that displays surging demand for our infrastructure and the rising position of stablecoins inside on a regular basis monetary providers.
Wirex BaaS’s Development Highlights
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Processed $105 million in onchain card quantity in March, equal to ~$1.3 billion annualised. Wirex reached $1 billion in annualised quantity simply 131 days after launch, surpassing RedotPay’s earlier trade file of 276 days to achieve the identical
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Achieved 34% progress in onchain card quantity from February to March
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Processed over 2.4 million onchain transactions since launch, together with practically 1.3 million onchain card transactions in March alone. This exceeds mixed transaction numbers reported by Rain and RedotPay that month
Quantity is absolutely clear and publicly verifiable onchain through Fee Scan.
Why is Wirex BaaS Rising in Recognition?
Stablecoin adoption is accelerating quickly, with month-to-month switch quantity for non‑USD stablecoins rising 16x from 2023-2026. 80% of that is pushed by funds, payroll, and settlement, however useful resource and finances constraints typically stop corporations from constructing these merchandise in-house. That is driving them in direction of trusted, regulated infrastructure suppliers like Wirex.
Pavel Matveev, Wirex Co-Founder, mentioned: “Stablecoins are reworking monetary providers, and Wirex is enabling platforms globally to undertake them as actual funds infrastructure. We offer what rivals can’t: full-stack integration, backing from the most important fee networks, and a decade‑lengthy monitor file of compliance and innovation. With a mean integration time of simply 44 days, companions are selecting Wirex as a result of they want a quick, trusted answer that scales globally,”
What’s Wirex BaaS?
Wirex BaaS was launched in November 2025, enabling fintech apps, neobanks and digital platforms to supply a full suite of regulated monetary merchandise, constructed on stablecoin rails, by integrating with a single API. This contains:
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Stablecoin card issuance related to world Visa and Mastercard rails
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1:1 fiat–stablecoin conversion
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Cross-border payouts
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Push-to-card funds
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Embedded stablecoin banking infrastructure
Wirex is the one stablecoin BaaS with Visa and Mastercard principal membership for twin USDC and EURC settlement, that means demand for simple entry to Wirex’s infrastructure has grown quickly.
With over 300+ companions already, it’s constructed for platforms, fintechs and enterprise companions, the stack is designed to assist programmable fee logic whereas preserving settlement clear and auditable.
Discover Out Extra About Wirex BaaS
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