DUBAI, UAE, March 12, 2026 PRNewswire — Wizz Financial, the global fintech company specializing in cross-border payments and digital wallets, announced the completion of its first stablecoin-powered cross-border remittance and treasury transaction originating from the United States, with capabilities into 80 countries, in partnership with BitGo Bank & Trust, N.A. (“BitGo”), an OCC-regulated digital asset trust bank and subsidiary of BitGo Holdings, Inc. (NYSE: BTGO). This milestone marks the launch of Wizz Financial’s proprietary stablecoin and blockchain strategy through its Wizz Cross Border USA platform, designed to support both B2B and B2C cross-border payment flows. Through the partnership, Wizz Financial is utilizing BitGo’s institutional-grade wallet infrastructure and e-trade services to facilitate the conversion of fiat currency into stablecoins, enabling near-real-time settlement, enhanced liquidity management, and compliant, scalable cross-border remittance flows across its global network as new corridors are progressively launched. By integrating blockchain rails into its existing remittance, card, and digital payments infrastructure, Wizz Financial aims to improve settlement speed, transparency, pricing efficiency, and liquidity management, while operating within established regulatory and compliance frameworks.
The Group’s US platform is now live, enabling outbound payments from the United States to global receiving markets. It also provides ACH-type account capabilities to non-US customers, expanding access to US payment infrastructure for international users. The cross-border payments industry has been overdue for disruption. With this milestone transaction, Wizz Financial is proving that stablecoin technology, combined with robust regulatory compliance, can deliver what customers truly need: speed, transparency, and affordability at scale.
We are building the future of global remittances, and this is just the beginning,” said Amir Nagammy, Founder & CEO of Wizz Financial. Our investment in blockchain infrastructure has culminated in a direct settlement system that fundamentally reimagines treasury operations. By partnering with BitGo and leveraging stablecoin rails, we have eliminated the inefficiencies and delays that have plagued traditional cross-border payments. What was once a complex, multi-day process now happens in near-real-time, and we are making it accessible to businesses and individuals worldwide.
We’re pleased to support Wizz Financial on this project and its work to improve cross-border payments,” said Nick Coombs, Managing Director at BitGo. The milestone demonstrates Wizz Financial’s ability to combine regulated financial infrastructure with blockchain technology to support remittances, card programs, corporate settlements, and treasury flows across global markets. Wizz Financial plans to work closely with regulators, banks, payment networks and global partners to scale this model and extend stablecoin-based services to more corridors and customer segments. The company is also exploring additional blockchain partnerships and custody solutions to enhance operational efficiency and security across its ecosystem.
Leave a Reply