Wirex One Goes Live on Arc, Targeting Mass Affluent Market

London, September 16, 2026 – A stablecoin neobank called Wirex One, built for the expanding mass affluent market, has been launched to the public by Wirex, the global stablecoin infrastructure provider. It is a day-one launch partner on Arc's mainnet, offering a private banking experience with true asset ownership.

After a closed beta that attracted more than 20,000 testers since June, Wirex One is now accessible worldwide.

Wirex One's launch is part of Wirex's broader integration with Arc, making Arc available as a settlement layer for any partner issuing cards and accounts via the Wirex API. Arc is an open blockchain network built for global financial markets, real-time money transfers, and agentic economic activity.

Wirex One was developed 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 portion of affluent individuals are still structurally underserved: too wealthy for retail banking but below the threshold for traditional private banking. Stablecoins are closing this gap, enabling secure, borderless wealth management that the traditional system cannot offer.

Wirex One brings private banking onto the blockchain, managing everyday spending, yield generation, overseas transfers, borrowing, and investing from a single platform. Arc was chosen as the foundation for Wirex One because of its stablecoin-native, payments-optimised design, with a built-in privacy layer and real-time settlement.

Combined with Privy's non-custodial wallet technology, it gives users full ownership of their assets and institutional-grade security, without the typical complexity of crypto wallets.

Key features at launch include:

• A stablecoin-funded card with up to 8% cashback in USD, instantly spendable in daily 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 worldwide
• Ability to send and receive via SEPA, ACH, Faster Payments, card transfers, and crypto transfers
• An innovative membership model that offers higher rewards, fee-free trading, dedicated account management, and 50% off premium subscriptions for leading AI and financial platforms for higher tiers

According to Pavel Matvev, Co-Founder & CEO of Wirex: “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 you control, not one 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 step in Wirex's plan to build a unified, onchain suite of financial services for consumers and businesses on its 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.

About Wirex

Wirex is a global stablecoin infrastructure provider behind a complete banking stack. Through a single API, any app, wallet or fintech can launch regulated accounts, cards, payments, payouts, yield, cashback and travel, settled in stablecoins on any chain. Wirex is one of the few crypto-enabled platforms with principal membership of both Visa and Mastercard, settling in USDC and EURC without an intermediary bank.

Using the same infrastructure and API, Wirex builds its own products: Wirex One, a stablecoin neobank for consumers, with Wirex Private as its highest membership tier; Wirex Business for companies; and Wirex Agents, giving AI agents the ability to transact onchain.

Trusted by over 8 million users since 2014, Wirex has processed more than $20 billion in transactions across 130 countries, and created the first crypto-enabled card in 2015. Built on a decade of regulatory compliance, enterprise-grade security and onchain innovation, Wirex is building a financial system where money moves globally and instantly, giving consumers and businesses true ownership, privacy by architecture, and access to the next generation of global payments and settlement.

Disclaimers:

Arc is an open L1 blockchain that was introduced by Arc Network Services LLC (Arc LLC) and is operated by a permissioned validator group. Arc LLC only offers software services and does not provide regulated financial or advisory services. The platform has not been reviewed or approved by the New York State Department of Financial Services or any other regulatory body.

The Arc network is provided “as is” and “as available.” Using Arc carries inherent risks associated with blockchain technology, such as smart contract vulnerabilities, network outages, and no recourse for transaction errors or losses. Transacting on Arc requires obtaining and using USDC to cover gas fees. Neither Arc LLC nor any permissioned validator is liable for the content, accuracy, legality, or functionality of third-party applications, protocols, or services built on or integrated with Arc. You are solely responsible for any features or services you provide to users, including obtaining necessary licenses or approvals and complying with applicable laws.

All Arc features may be modified, delayed, or cancelled without notice. Nothing in this document constitutes a commitment, warranty, guarantee, or legal, regulatory, tax, or investment advice.