Wirex and Crossmint Forge Path for Multichain Stablecoin Banking

LONDON – November 25, 2025 – In a significant move to bridge the fragmented landscape of digital finance, payment infrastructure leader Wirex has announced a strategic partnership with wallet technology provider Crossmint. The collaboration is set to extend Wirex's banking-grade stablecoin payment and settlement services beyond the dominant Ethereum-based ecosystem to other blockchain networks, beginning with Stellar. This initiative represents a critical step toward creating a truly interoperable financial system, where value can move seamlessly and securely across disparate digital ledgers.

The partnership aims to solve a long-standing challenge in the Web3 space: the technical and operational divide between Ethereum Virtual Machine (EVM) compatible chains and non-EVM networks. While the EVM standard has fostered a vibrant ecosystem, it has also created silos, leaving promising networks like Stellar, Solana, and Algorand with less access to robust, compliant payment infrastructure. By leveraging Crossmint's technology, Wirex intends to dismantle these barriers, deploying its full suite of services—including on-chain card payments and direct banking connectivity—to these previously underserved environments.

Unifying a Fractured Digital Economy

The core of the partnership lies in Crossmint's unified smart account infrastructure. This technology acts as a universal translator, allowing Wirex to deploy its sophisticated payment architecture onto new blockchains in a matter of weeks, a process that would otherwise require months of bespoke engineering for each chain. Through a single Software Development Kit (SDK), Crossmint provides the tools to orchestrate smart accounts, manage cryptographic keys without user friction, and implement flexible governance models like multi-signature approvals.

"Partnering with Crossmint allows Wirex to bring our stablecoin infrastructure to non-EVM chains at scale," said Daniel Rowlands, General Manager at Wirex Pay, in the official announcement. "This is a major milestone in our mission to make stablecoin payments truly multichain, programmable, and ready for the next generation of Web3 banking."

For businesses and developers, this integration significantly lowers the barrier to entry for building global payment solutions. Wirex's APIs will be embedded directly into Crossmint's SDK, granting any partner using the Crossmint platform instant access to a powerful financial toolkit. This includes non-custodial stablecoin accounts, global acceptance at over 80 million Visa merchants, zero-spread currency conversions, and instant on/off-ramps to traditional banking systems like ACH in the U.S. and SEPA in Europe.

Rodri Fernández Touza, Co-Founder of Crossmint, emphasized the collaborative potential, stating, "By integrating their infrastructure directly into our SDK, any Crossmint customer can now build global, compliant, and programmable payment experiences—regardless of chain."

The Strategic Importance of Non-EVM Expansion

The initial focus on Stellar is particularly strategic. The Stellar network was designed from the ground up for efficient, low-cost cross-border payments and asset issuance, making it a natural fit for enhanced stablecoin utility. This partnership equips the Stellar ecosystem with the kind of banking-grade payment tools previously concentrated within the Ethereum sphere, potentially accelerating its adoption for remittances, trade finance, and other real-world applications.

This move comes as the competition in the stablecoin settlement space intensifies. Giants like Circle, whose USDC stablecoin is already native to several non-EVM chains, and traditional payment networks like Visa and Mastercard are actively integrating stablecoins into their settlement layers. Visa, for example, has already conducted pilot transactions with USDC on the Solana blockchain. Similarly, fintech players like PayPal with its PYUSD and Klarna with KlarnaUSD are building their own programmable money infrastructure.

Wirex's claim to be the "first global payments provider to deliver banking-grade stablecoin settlement...across non-EVM environments at scale" hinges on the specific combination of its offerings: fully on-chain, non-custodial accounts linked to global card acceptance and direct fiat gateways. While others operate in the space, this integrated, enterprise-focused approach to multichain expansion marks a distinct strategic direction aimed at capturing the next wave of institutional and commercial adoption.

Building the Rails for Compliant, Programmable Finance

Perhaps the most critical aspect of this partnership is its deep-seated focus on compliance and security—prerequisites for any system aspiring to be "banking-grade." In a world of fragmented and often uncertain digital asset regulation, building trust is paramount. The collaboration addresses this by embedding regulatory adherence directly into the technology.

Crossmint's infrastructure provides a framework for programmable governance. This allows enterprises to encode their compliance policies directly into their on-chain operations. Rules for transaction limits, multi-signature approvals for large transfers, and role-based access controls can be automated and audited on the blockchain, creating a transparent and resilient compliance posture. This is essential for navigating the complex web of Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements across the 130 countries where Wirex operates.

By providing these tools, Wirex and Crossmint are not just facilitating payments; they are building the compliant financial rails necessary for mainstream institutions to confidently engage with decentralized technology. This approach could prove decisive as regulators worldwide move to establish clearer frameworks for stablecoins and digital payments. The ability to demonstrate robust, automated, and auditable compliance could become a significant competitive advantage, positioning the partnership to thrive in a more regulated future and enabling a new era of secure, programmable global commerce.