Wirex is taking stablecoin utility to the last mile — where payout experiences are won or lost, the company said in a Wednesday (Feb. 18) news release. “Via Wirex BaaS APIs, partners can embed Stablecoin Push-to-Card and deliver stablecoin-funded payouts directly to recipients’ eligible cards worldwide, turning on a familiar ‘paid to card’ experience inside their products.” The release argues this feature is especially relevant for businesses with distributed teams and international vendor networks, where the timing of payouts can directly affect retention, supplier relationships, and customer trust.
“Instead of building a patchwork of rails, integrations, and exception handling country by country, partners can use Wirex BaaS to support a card-first payout endpoint that scales internationally while keeping operational complexity behind the scenes,” the company said. Wirex said its partners can enable Stablecoin Push-to-Card through Wirex’s BaaS in by entering the recipient’s 16-digit card number, picking the amount and currency. From there, funds will be available on the recipient’s card in seconds.
“Unlike card networks or real-time payment schemes, stablecoins can function as both a transfer mechanism and a store of value that moves across platforms without reconciliation friction,” that report said. “Two years ago, you had to re-explain what a stablecoin is,” Nassim Eddequiouaq, CEO at Bastion, told PYMNTS in an interview this month. “Now companies come with hard data. They know when they want to launch, where the stablecoin will be used, which corridors matter for treasury flows, and which jurisdictions they can’t accept microtransactions from.” In spite of early narratives that positioned stablecoins as disruptors to traditional finance, the market is shifting toward convergence, with the coins not offering a wholesale replacement of existing systems but rather an added settlement layer that operates in tandem with them.
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