Wirex and Ultra Stellar Launch Native Payment Infrastructure on Stellar

Wirex and Ultra Stellar have announced the launch of a native Stellar payment infrastructure, built directly on Soroban, Stellar’s smart contract platform. 

This collaboration marks an important step forward for the Stellar ecosystem—bringing together real-world payment capabilities and blockchain-native infrastructure into a single, unified layer. 

With over 8 million Wirex users globally and Ultra Stellar powering products like LOBSTR and StellarX, the partnership is designed to support both existing users and the next generation of financial applications, including those powered by AI. 

Building a Native Payment Layer for Stellar 

Unlike traditional blockchain integrations that rely on external systems, this initiative focuses on building directly on-chain. 

Wirex and Ultra Stellar are not simply integrating service; they are co-developing a unified payment infrastructure that is native to Stellar. The partnership combines Wirex’s global payment connectivity, licensing coverage, and integrations with Visa and banking rails, with Ultra Stellar’s deep expertise in Stellar infrastructure and its millions of active users.  This creates a foundation for financial services that operate seamlessly within the ecosystem. 

The result is a blockchain-native payment layer that allows wallets, fintech platforms, and developers to embed real-world financial functionality directly into their applications. 

A Complete Payment Stack on Stellar 

The new infrastructure introduces a full suite of production-ready financial capabilities: 

• Stablecoin-Powered Virtual Bank Accounts: Users and businesses can store, receive, and manage stablecoins through fully functional accounts designed for real-world usability. 

• 1:1 Fiat–Stablecoin Conversion: Instant conversion between fiat and stablecoins at true 1:1 value, removing spreads and reducing friction in transactions. 

• Global Co-Branded Card Issuing: Stablecoin-powered cards that can be used at over 80 million merchants worldwide, enabling direct spending from Stellar-native balances. 

• Global Payouts and Settlement: Support for major global payment rails including ACH, SEPA, PIX, FPS, SWIFT, and Push-to-Card, connecting on-chain assets with traditional financial systems. 

• Native Stablecoin Yield: Users can earn up to 6% APY on stablecoin balances through secure, on-chain yield infrastructure with full liquidity and no lock-ups. 

Built on Soroban for Seamless Integration 

The infrastructure is built directly on Soroban, Stellar’s smart contract platform. This ensures full interoperability with: 

• Stellar wallets 

• Tokens 

• Decentralized applications 

By operating natively within the network, developers can integrate financial services directly into their products, without relying on fragmented, external solutions. This approach transforms Stellar into a more complete financial ecosystem, capable of supporting real-world use cases at scale. 

Connecting Blockchain to Global Financial Rails 

One of the core strengths of this initiative is its ability to bridge blockchain and traditional finance. 

Wirex’s existing integrations with Visa, Mastercard, and global banking rails enable seamless movement between on-chain assets and off-chain systems. Combined with Ultra Stellar’s infrastructure, this creates a direct pathway, all powered by stablecoins,  for: 

• Spending 

• Transfers 

• Settlements 

• Financial management 

• Bank accounts 

• Global card issuance 

• Cross-border payouts 

• Yield generation 

Supporting Millions of Users—and AI Agents 

The infrastructure is designed not only for today’s users but also for emerging use cases. 

With Ultra Stellar already supporting millions of users through LOBSTR and StellarX, and Wirex operating across 130+ countries, the system is positioned to onboard a wide range of participants, from individuals and businesses to developers and platforms. 

It is also built to support autonomous AI agents, enabling them to perform seamless, global transactions using stablecoins. This opens the door to new types of applications where financial interactions can happen programmatically and across borders. 

Leadership Commentary 

Pavel Matveev, CEO and Co-Founder of Wirex, said: 

“This partnership goes beyond integration — together with Ultra Stellar, we are building a native payment layer for the entire Stellar ecosystem. By combining Wirex’s global payment connectivity with Ultra Stellar’s deep expertise in Stellar, we’re creating infrastructure that allows developers, businesses, and future AI agents to access real-world financial services directly on-chain. Our goal is to make Stellar one of the leading ecosystems for stablecoin-powered payments — where cards, bank accounts, payouts, and yield are all seamlessly connected through a unified, on-chain financial layer.” 

Gleb Pitsevich, Founder of Ultra Stellar, added: 

“Ultra Stellar has helped scale Stellar through applications like LOBSTR and StellarX, which serve millions of users worldwide. Together with Wirex, we are building and evolving native payment infrastructure on Stellar, enabling developers, platforms, and users to access real-world financial capabilities directly on-chain.”