Wirex is supporting EURC settlements through Visa’s stablecoin settlement pilot, marking a significant milestone in the evolution of blockchain-based payments in Europe. Following the successful completion of a testing phase, Wirex is now live with EURC settlement capabilities via the Visa Network. This collaboration enables near real-time settlement using EURC, a fully backed stablecoin issued by Circle and pegged 1:1 to the euro. The integration of EURC settlement allows Wirex to further streamline cross-border payments and enhance the efficiency of its crypto-to-fiat conversion infrastructure—enabling fast, secure, and cost-effective transactions for users. Benefits for the payments industry include: Fast settlements with near-instant processing times; Enhanced security and transparency through blockchain technology; Seamless user experience across crypto and fiat transactions , enabled by instant conversions at the point of sale, unified account management in a single app, and stablecoin-based settlement that eliminates traditional cross-border frictions. “Partnering with Visa to enable EURC settlements is a major step forward in our mission to make digital currencies practical for everyday payments,” said Svyatoslav Garal, Global Head of Payments at Wirex.