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Cryptocurrency News Articles
Wirex Expands Its Business Platform to BASE, Targeting Corporate Clients with Stablecoin Payment Solutions
May 12, 2025 at 09:54 pm
Wirex, a provider of Web3 banking solutions, has expanded its Wirex Business platform to BASE, a new layer-2 blockchain developed by Coinbase.
Wirex, a leading provider of Web3 banking solutions, has announced the expansion of its Wirex Business platform to BASE, a new layer-2 blockchain developed by Coinbase.
This integration will allow corporate clients of Wirex Business to manage treasury functions, issue corporate cards, and handle expenses using stablecoins like USDC and EURC. In addition, businesses will be able to effortlessly integrate both fiat and stablecoin payments into their existing workflows, all while benefiting from the cutting-edge technology of the BASE blockchain.
Key Features of Wirex Business on BASE:
Corporate bank accounts: Wirex Business provides businesses with the capability to open and manage corporate bank accounts. These accounts can hold both fiat currencies and stablecoins, enabling companies to seamlessly manage and convert funds between the two.
Corporate Visa cards: Now, businesses can issue corporate Visa cards to employees and contractors. These cards can be used globally to make payments at over 80 million merchants in more than 200 countries. Moreover, Wirex Business incorporates stablecoins like USDC and EURC into the payment infrastructure, allowing for easy spending without the need for conversions or delays.
Payroll cards: In addition to corporate cards, Wirex Business offers the issuance of payroll cards, presenting a rapid and cost-efficient method for businesses to pay employees and contractors in stablecoins.
Stablecoin payments: Stablecoins running on the BASE blockchain can now be effortlessly spent at 80 million+ merchants worldwide, introducing a cutting-edge way for businesses to pay for goods and services. This technology maintains transparency and speed in financial transactions.
Expanding to BASE marks the initial phase of a deeper partnership between Wirex, BASE, and Circle throughout 2025. The teams are actively working on initiatives to enhance how businesses engage with digital dollars on-chain.
Wirex Pay’s cross-chain plans include expansion to several other major chains, which is scheduled for later this year. This vision is driven by Wirex’s aim to provide native experiences for users on BASE and other ecosystems, rather than relying on swap or bridge mechanisms. Native support will unlock superior UX, security, and scalability for corporate clients managing stablecoin flows across multiple blockchains.
"We are thrilled to expand our Wirex Business platform to BASE, a significant milestone in our journey to empower businesses with the future of financial services," said Pavel Matveev, co-founder of Wirex. "By supporting BASE and integrating Circle's technology, we are enabling corporate clients to operate with seamless, stablecoin-based financial services and integrate the benefits of decentralized finance into their day-to-day operations. This synergy will introduce businesses to never-before-seen financial capabilities and revolutionize the way they manage finances in today's interconnected world."
Daniel Rowlands, general manager of Wirex Pay, added, "Wirex Business offers a unique self-custody model that is directly connected with card and banking rails. This approach ensures businesses retain full control of their assets and minimizes counterparty risk. We are excited to integrate USDC and EURC into our offering, allowing businesses to leverage the true potential of stablecoins, backed by the flexibility and security of Web3, to transform how they manage and move funds globally."
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