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Wirex and Ultra Stellar announced the launch of a native payment infrastructure on Stellar. The system is built on Soroban and is designed to support financial services directly on-chain.
The infrastructure creates a unified payment layer for wallets, fintech platforms and developers. It enables stablecoin accounts, global card issuance, payouts and yield without relying on external integrations. Transactions are settled natively within the Stellar ecosystem.
The project combines Wirex’s payment network, licensing and integration with Visa and banking rails, with Ultra Stellar’s products including LOBSTR and StellarX. The companies plan to co-develop the infrastructure as a shared ecosystem layer rather than a one-time integration.
The platform supports fiat and stablecoin conversion at a 1:1 rate, global transfers через traditional systems such as SEPA and SWIFT, and card payments from on-chain balances. It also introduces yield on stablecoins through on-chain mechanisms without lock-ups.
The solution is positioned as a base for applications used by both users and autonomous systems. The companies state that the infrastructure can scale to millions of accounts and enable direct interaction between blockchain assets and traditional finance.
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