Wirex, the global leader in stablecoin payment infrastructure, has announced a strategic partnership with Algorand Foundation to bring USDC on Algorand to more than 7 million Wirex users and 80 million Visa-accepting merchants worldwide. The collaboration marks a significant step toward mainstream adoption of stablecoin payments, combining Wirex's global card and banking network with Algorand's blockchain to deliver fast, borderless, and self-custodial payments built directly on-chain.

As part of this collaboration, Wirex is developing an Algorand-native payment infrastructure, where all transactions are processed and settled entirely on the Algorand network. This enables a transparent, scalable, and fully on-chain experience designed for the next generation of programmable and agentic payments.

Together, Wirex and the Algorand Foundation are unlocking the following real-world payment features:

• Wirex users can now hold, send, and spend USDC on Algorand directly within the Wirex app, benefiting from Algorand's efficiency and low fees alongside Wirex's intuitive user experience.
• Through the Wirex Visa Card, users can spend USDC on Algorand at more than 80 million merchants worldwide, with real-time conversion, zero-FX fees, and global cashback rewards.
• Users can seamlessly move between fiat and stablecoins via ACH, SEPA, FPS, and other local rails, supported by 1:1 fiat-to-stablecoin conversion with no spreads, hidden costs, or friction.
• The integration enables instant, zero-fee cross-border payments, allowing users to send USDC on Algorand to any card globally without traditional remittance fees or settlement delays.
• Developers building on Algorand, from challenger banks to remittance providers to next-generation payment apps, can leverage Wirex's stablecoin infrastructure to access card issuance, banking connectivity, and FX services through a unified API, accelerating the creation of real-world financial products powered by Algorand.