The stablecoin known for its fast and inexpensive transactions is now available Wirex and the Visa.
This update means that more than seven million people can now hold, send and spend USDC on the Algorand network and pay at more than 80 million merchants worldwide who accept Visa.
A new way to spend digital money
The addition of Algorand’s native USDC to the Wirex wallet provides users with an easy way to use a blockchain asset without the need to learn complex steps. People can buy or move USDC in the app and spend it via their Visa card. The in-store or online payment experience remains the same for merchants, but behind the scenes the user spends a digital dollar on the Algorand network.
Algorand’s native USDC is now live on the @wirexapp and Visa card.
More than 7 million users can now hold, send and spend USDC on Algorand and pay at 80 million Visa merchants worldwide. pic.twitter.com/VmeLZq3wE8
– Algorand Foundation (@AlgoFoundation) December 1, 2025
Algorand is known for its fast settlement and fees that are often only fractions of a cent. For stablecoin users, this speed can make a real difference. A recent report from Circle indicates that stable payments on fast networks reduce transaction costs by more than 90% compared to some traditional routes. Savings like these are why more and more companies are adding stablecoins to their products.
INTRODUCING: Part 2 of our Stablecoin Payments Report!
Co-written with @CastleIslandVC And @dragonfly_xyzwith data through August 2025.
Stablecoin payments reached $10.2 billion per month, up 70% since February and 137% since August 24, now at an annual rate of $122 billion.
Here’s how the market… pic.twitter.com/6iB2plCd2P
– Artemis (@artemis) October 24, 2025
A simple, real-world example shows the value. Imagine a freelancer who earns money from clients in different countries. Sending funds through banks can take days and incur additional fees. With Algorand’s native USDC in the Wirex wallet, the freelancer can receive money in seconds and use the Visa card to pay for groceries or bills immediately.
1/ Wirex x Algorande = $USDC payments become global.
We are forming a strategic partnership with @AlgoFoundation bring $USDC on @Algorand to more than 7 million Wirex users and 80 million Visa-accepting merchants worldwide. pic.twitter.com/FTQCsbSkg6
– Wirex (@wirexapp) December 1, 2025
Learn more about USDC
In November, Circle minted approximately $8 billion USDC on the Solana network. This reflects the continued demand for stablecoins on fast, low-cost blockchains. This issuance brings the cumulative total of USDC minted on Solana in 2025 to $36.25 billion. This highlights Solana’s growing role in the stablecoin ecosystem. Additionally, the wider adoption of USDC for payment, trading and decentralized finance applications.
📊DATA: In November, @circle minted a total of around $8 billion $USDC on @Solanabringing the cumulative USDC issued on the network in 2025 to $36.25 billion. pic.twitter.com/HVFL5PxOm3
– SolanaFloor (@SolanaFloor) December 1, 2025
This milestone highlights how developers and users are increasingly leveraging the speed and scalability of Solana to efficiently manage large volumes of digital dollars.
Disclaimer
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