Wirex Launches Visa Direct Stablecoin Push-to-Card for BaaS Clients — Reaching 3B+ Cards

Wirex, a crypto card issuer and BaaS provider, has announced the launch of Stablecoin Push-to-Card, utilizing Visa Direct to facilitate stablecoin-funded payouts directly to eligible cards worldwide. This new feature, accessible through Wirex BaaS APIs, allows partners to embed this capability into their products, bypassing the complexities of building and maintaining local payout infrastructure. According to Pavel Matveev, Co-founder of Wirex, this addresses the challenges of usability, coverage, and operational complexity often encountered in the last mile of stablecoin payouts. Key benefits include global reach (3B+ cards in 200+ countries), fast delivery (under 30 seconds), 24/7 operation, and a simplified recipient experience. The feature supports various business payout scenarios like contractor payments, employee reimbursements, and supplier settlements.

(Source：BeInCrypto)