Wirex Breaks Records as Fastest-Growing Stablecoin Payments Infrastructure Platform
Global payments platform Wirex has hit a milestone that is turning heads across the fintech world, crossing $1 billion in annualised onchain volume on its Banking-as-a-Service (BaaS) platform in just 131 days since launch. That figure makes Wirex the fastest-growing stablecoin payments infrastructure in the industry, beating the previous record held by RedotPay, which took 276 days to reach a comparable benchmark.
The numbers tell a compelling story. Wirex processed $105 million in onchain card volume in March alone, equivalent to roughly $1.3 billion annualised, and recorded 34 per cent growth in onchain card volume between February and March. The platform has handled over 2.4 million onchain transactions since going live in November 2025, with nearly 1.3 million of those happening in March.
The timing is no accident. Monthly transfer volume for non-USD stablecoins surged 16 times between 2023 and 2026, with around 80 per cent of activity driven by real-world applications such as payments, payroll, and settlement. Yet despite this surge, most companies lack the technical resources and regulatory frameworks to build stablecoin products in-house, and that is exactly where Wirex’s stablecoin payments infrastructure steps in.
Launched specifically to address modern integration challenges, Wirex BaaS allows fintech apps, neobanks, and digital platforms to access a full suite of regulated financial products through a single API. The platform runs on stablecoin rails and supports everything from Visa and Mastercard-connected cards to cross-border payouts, instant fiat-to-stablecoin conversion, and embedded yield and cashback features. Wirex is notably the only stablecoin BaaS provider with principal membership in both Visa and Mastercard, enabling dual USDC and EURC settlement.
The enterprise uptake has been swift. Over 300 enterprise clients have already signed on, including Simple App, Trustee, and Cardano. The average integration time sits at just 44 days, a figure that Wirex co-founder and CEO Pavel Matveev points to as a key competitive advantage.
“Stablecoins are transforming financial services, and Wirex is enabling platforms globally to adopt them as real payments infrastructure,” Matveev said, as reported by The Fintech Times. He added that competitors offer only narrow slices of the stack, while Wirex delivers full-stack integration with a decade-long compliance track record behind it.
Wirex has been trusted by over 7 million users since 2014 and has processed more than $20 billion in transactions across 130 countries. Its latest moves include the rollout of stablecoin push-to-card services for BaaS customers and the launch of “Wirex Agents,” a product aimed at powering stablecoin-based agentic payments, an emerging frontier in automated financial transactions.
With the stablecoin payments infrastructure race clearly heating up, Wirex’s record-breaking trajectory signals that the space is no longer a niche experiment. It is fast becoming the backbone of the next generation of global payments.
