Wirex One Launches Publicly on Arc, Bringing Stablecoin Private Banking to the Mass Affluent Market


Wirex, the global stablecoin infrastructure provider, has today launched Wirex One, the first stablecoin neobank built for the growing segment of mass affluent consumers, to the public. The platform is a day one launch partner on Arc’s mainnet, delivering a private banking experience with true asset ownership.
Following a closed beta that amassed over 20,000 users in testing since June, Wirex One is now available globally*.
Wirex One launches as part of Wirex’s wider integration with Arc, making Arc available as a settlement layer for any partner issuing cards and accounts through the Wirex API. Arc is an open blockchain network built for the world's financial markets, real-time money movement and agentic economic activity.
Wirex One was created for an underserved market. The global private banking market is projected to grow by over 10% annually to reach $1.24 trillion by 2035, yet a large segment of affluent individuals remain structurally underserved: too wealthy for retail banking, but below the minimum for traditional private banking. Stablecoins are closing that gap, enabling secure, borderless wealth management the traditional financial system cannot provide.
Wirex One brings private banking onchain, managing everyday spending, yield, overseas transfers, borrowing and investing from a single place. Arc was strategically chosen as the foundation for Wirex One due to its stablecoin-native, payments-optimised design, with a built-in privacy layer and real-time settlement. Paired with Privy’s non-custodial wallet technology, it gives users complete ownership over their assets and institutional-grade security, without the complexity that typically comes with crypto wallets.
At launch, key features include:
Stablecoin-funded card with up to 8% cashback in USD** instantly spendable in everyday life
Access to selected crypto and stablecoin yield features
Support for a wide range of crypto assets
Multi-currency accounts, with fee-free FX and ATM withdrawals globally
Ability to send and receive via SEPA, ACH, Faster Payments, card transfers, and crypto transfers
Innovative membership model, offering higher rewards, fee-free trading, dedicated account management, and 50% off premium subscriptions for leading AI and financial platforms for higher tiers
Pavel Matveev, Co-Founder & CEO of Wirex, said: “A new wave of fintech apps are being built on stablecoin rails, and they all need the same foundation: regulated issuing, accounts, settlement and yield. Wirex One is our own consumer platform built on that infrastructure, redefining what a private bank can be: a bank that you control, not a bank that controls you. Every partner integrating with Wirex‘s infrastructure gets the same rails, the same scheme access, and now the same day-one access to Arc.”
Today’s announcement is a major milestone in Wirex’s vision to build a unified, onchain suite of financial services for consumers and businesses on their stablecoin infrastructure, which recently reached $2 billion annualised card spend volume. In the coming weeks, Wirex One will expand to include tokenised equities and perpetuals.
More information about Wirex One, including card availability in supported jurisdictions, is available at Wirex’s website.
Developers can learn more about integrating with Wirex’s infrastructure on Arc here.
** rewards are valued in USD





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