WPAY

We’ve published a new litepaper detailing what Wirex is in 2026, how the business monetises it, &nbsp;and where we’re going next.
It outlines our vision to build the most comprehensive, advanced financial stack for consumers and businesses, supporting the next generation of global payments and settlement. &nbsp;It also announces Wirex One, a stablecoin-powered consumer finance app that brings instant onchain payments, true ownership, and privacy-preserving financial transactions to every
day users. As stablecoin adoption accelerates, the industry needs infrastructure that can scale with it.
<h4>Why the World Needs Stablecoin Infrastructure</h4>
Wirex’s CEO, Pavel Matveev, said:&nbsp;“The traditional financial system needs updating: liquidity is fragmented, transactions are inefficient, and millions of people are locked out of it. Stablecoins and&nbsp;onchain&nbsp;settlement&nbsp;are changing this.”
According to a <a href="https://morph.network/stablecoin-report?utm_source=Linkedin&amp;utm_medium=Social+media&amp;utm_campaign=Stablecoin+Report+1&amp;utm_id=Stablecoin+Report&amp;utm_term=Stablecoins&amp;utm_content=Stablecoin+outlook" rel="noopener noreferrer nofollow">recent Morph report, </a>they already facilitate $33 trillion in annual transaction volume -- more than Visa and Mastercard combined -- with over 70% of that activity coming from real-world payments, payroll and B2B settlement.
As fintech, crypto, and AI converge, a new generation of payment and banking products has emerged, powered by stablecoins, settling onchain, serving billions. Users&nbsp;are demanding infrastructure that&nbsp;sits as the centre of these industries, providing&nbsp;easy, instant and global&nbsp;access&nbsp;to&nbsp;the benefits of stablecoins.
<h4>Wirex’s Onchain, Chain-Agnostic Architecture</h4>
Wirex has spent more than a decade building for this moment. With 7 million users across 100+ countries, $20 billion processed, and principal membership with Visa and Mastercard, the company already operates at a global scale.
The&nbsp;litepaper&nbsp;introduces&nbsp;Wirex’s&nbsp;stablecoin&nbsp;architecture, a settlement layer not tied to any single chain, designed to work across multiple networks as&nbsp;the ecosystem evolves and scales. That means that every new chain is new potential partner, not a competitor.
This architecture underpins a unified, end-to-end financial stack enabling businesses and consumers to embed stablecoin‑based accounts, cards, payments, and yield into their products or daily lives.
<h4>The Wirex Ecosystem: A Unified Financial Stack</h4>
The litepaper outlines how Wirex’s architecture powers a suite of products:
<ul>
 <li>Wirex BaaS: the fastest‑growing stablecoin infrastructure provider</li>
 <li>Wirex Business: stablecoin‑powered accounts and settlement rails</li>
 <li>Wirex Private: premium onchain financial services</li>
 <li>Wirex Agents: global distribution and liquidity partners</li>
 <li>Wirex One: a new stablecoin‑powered, consumer neobank-style experience (coming soon)</li>
</ul>
<h4>Introducing Wirex One</h4>
The litepaper also introduces Wirex One, which combines an unparalleled, neobank-style user experience, with a fully onchain design. It’s supported by a unique institutional-grade technology stack: Circle’s Arc – a stablecoin-optimised Layer 1 blockchain on which Wirex aims to be an early app – and Privy, the industry-leading non-custodial wallet provider. This gives users direct ownership over assets, enterprise-grade security, instant settlement, and transaction privacy, without seed phrases or the complexity of current onchain crypto wallets.
The app will offer a breadth of functionality not typically available in any single app today, with premium banking-style features unlike other non-custodial experiences.
What users get:
<ul>
 <li>Up to 8% cashback in USD</li>
 <li>4–6% APY on stablecoins and crypto</li>
 <li>Crypto, tokenised equities (24/7), perpetuals up to 5x</li>
 <li>Zero-fee everything: interbank FX at 0% markup, free global ATM, multi-currency accounts</li>
 <li>Asset-backed credit with no credit check</li>
 <li>True ownership via onchain wallets: no seed phrases, no key management</li>
 <li>Rewards are instantly spendable using Wirex’s crypto-enabled card, avoiding the volatility and lock-ups associated with competitor token-based cashback programmes</li>
 <li>Coming soon: tokenised equities and perpetual trading shortly after launch</li>
</ul>
The existing Wirex app, sitting on centralised infrastructure, has served millions of customers with crypto-alternative banking products for nearly a decade. Wirex One takes this one-step further, offering everyday consumers a stablecoin-powered, entirely onchain&nbsp;financial experience with better perks, economics, and control.
<h4>Why Privacy and Control Matter</h4>
Pavel Matveev, Wirex’s CEO, explains: “Most platforms bolt stablecoins onto legacy architecture, creating friction and limiting what users can do. Our approach is different:&nbsp;we’re&nbsp;building a fully&nbsp;onchain&nbsp;financial system from the ground up.
As regulatory oversight increases and counterparty risk becomes a growing concern, users need infrastructure that protects their autonomy. A layer of privacy for transactions and true ownership of assets&nbsp;are&nbsp;essential to ensuring people can&nbsp;retain&nbsp;the benefits of decentralised technology.
Our&nbsp;litepaper&nbsp;outlines how&nbsp;we’re&nbsp;building the infrastructure required for this shift&nbsp;- solidifying our goal to become a financial super app.”
<h4>Read the Litepaper</h4>
The litepaper marks the beginning of a new phase for Wirex. Over the coming weeks, Wirex will launch Wirex One, with full details to be announced at launch.
To view the litepaper, <a href="https://litepaper.wirexapp.com/" rel="noopener noreferrer nofollow">visit here</a>
If you have any questions, feedback, or partnership enquiries, email: <a rel="noopener noreferrer nofollow">hello@wirexapp.com</a>
To be among the first to access&nbsp;Wirex&nbsp;One, follow&nbsp;<a href="https://x.com/wirexapp" rel="noopener noreferrer nofollow">@wirexapp on X&nbsp;</a><a href="https://x.com/wirexapp" rel="noopener noreferrer nofollow">and</a><a href="https://x.com/wirexapp" rel="noopener noreferrer nofollow"></a><a href="https://www.linkedin.com/company/wirex-limited" rel="noopener noreferrer nofollow">Linkedin</a>

WPAY Protocol Litepaper 2026

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