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Wirex and Stellar Partner to Launch Dual-Stablecoin Settlement for USDC and EURC

The integration enables transaction settlement in both USD Coin and Euro Coin on the Stellar blockchain, fully connected to Visa’s payment network.

USDC
XLM

Summary

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Terms & Concepts
  • Stablecoin: A cryptocurrency pegged to a stable asset like a fiat currency to reduce volatility.
  • Stellar Network: A blockchain designed for fast, low-cost cross-border payments and asset transfers.
  • Dual-Stablecoin Settlement: A payment process supporting transaction settlement in two different stablecoins simultaneously.