We’ve published a new litepaper detailing what Wirex is in 2026, how the business monetises it, and where we’re going next.
It outlines our vision to build the most comprehensive, advanced financial stack for consumers and businesses, supporting the next generation of global payments and settlement. It also announces Wirex One, a stablecoin-powered consumer finance app that brings instant onchain payments, true ownership, and privacy-preserving financial transactions to every
day users. As stablecoin adoption accelerates, the industry needs infrastructure that can scale with it.
Why the World Needs Stablecoin Infrastructure
Wirex’s CEO, Pavel Matveev, said: “The traditional financial system needs updating: liquidity is fragmented, transactions are inefficient, and millions of people are locked out of it. Stablecoins and onchain settlement are changing this.”
According to a recent Morph report, they already facilitate $33 trillion in annual transaction volume — more than Visa and Mastercard combined — with over 70% of that activity coming from real-world payments, payroll and B2B settlement.
As fintech, crypto, and AI converge, a new generation of payment and banking products has emerged, powered by stablecoins, settling onchain, serving billions. Users are demanding infrastructure that sits as the centre of these industries, providing easy, instant and global access to the benefits of stablecoins.
Wirex’s Onchain, Chain-Agnostic Architecture
Wirex has spent more than a decade building for this moment. With 7 million users across 100+ countries, $20 billion processed, and principal membership with Visa and Mastercard, the company already operates at a global scale.
The litepaper introduces Wirex’s stablecoin architecture, a settlement layer not tied to any single chain, designed to work across multiple networks as the ecosystem evolves and scales. That means that every new chain is new potential partner, not a competitor.
This architecture underpins a unified, end-to-end financial stack enabling businesses and consumers to embed stablecoin‑based accounts, cards, payments, and yield into their products or daily lives.
The Wirex Ecosystem: A Unified Financial Stack
The litepaper outlines how Wirex’s architecture powers a suite of products:
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Wirex BaaS: the fastest‑growing stablecoin infrastructure provider
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Wirex Business: stablecoin‑powered accounts and settlement rails
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Wirex Private: premium onchain financial services
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Wirex Agents: global distribution and liquidity partners
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Wirex One: a new stablecoin‑powered, consumer neobank-style experience (coming soon)
Introducing Wirex One
The litepaper also introduces Wirex One, which combines an unparalleled, neobank-style user experience, with a fully onchain design. It’s supported by a unique institutional-grade technology stack: Circle’s Arc – a stablecoin-optimised Layer 1 blockchain on which Wirex aims to be an early app – and Privy, the industry-leading non-custodial wallet provider. This gives users direct ownership over assets, enterprise-grade security, instant settlement, and transaction privacy, without seed phrases or the complexity of current onchain crypto wallets.
The app will offer a breadth of functionality not typically available in any single app today, with premium banking-style features unlike other non-custodial experiences.
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Up to 8% cashback in USD
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4–6% APY on stablecoins and crypto
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Crypto, tokenised equities (24/7), perpetuals up to 5x
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Zero-fee everything: interbank FX at 0% markup, free global ATM, multi-currency accounts
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Asset-backed credit with no credit check
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True ownership via onchain wallets: no seed phrases, no key management
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Rewards are instantly spendable using Wirex’s crypto-enabled card, avoiding the volatility and lock-ups associated with competitor token-based cashback programmes
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Coming soon: tokenised equities and perpetual trading shortly after launch
The existing Wirex app, sitting on centralised infrastructure, has served millions of customers with crypto-alternative banking products for nearly a decade. Wirex One takes this one-step further, offering everyday consumers a stablecoin-powered, entirely onchain financial experience with better perks, economics, and control.
Why Privacy and Control Matter
Pavel Matveev, Wirex’s CEO, explains: “Most platforms bolt stablecoins onto legacy architecture, creating friction and limiting what users can do. Our approach is different: we’re building a fully onchain financial system from the ground up.
As regulatory oversight increases and counterparty risk becomes a growing concern, users need infrastructure that protects their autonomy. A layer of privacy for transactions and true ownership of assets are essential to ensuring people can retain the benefits of decentralised technology.
Our litepaper outlines how we’re building the infrastructure required for this shift – solidifying our goal to become a financial super app.”
Read the Litepaper
The litepaper marks the beginning of a new phase for Wirex. Over the coming weeks, Wirex will launch Wirex One, with full details to be announced at launch.
If you have any questions, feedback, or partnership enquiries, email: hello@wirexapp.com