Wirex Partners With Zero Hash to Support U.S. Launch
- Wirex is set to launch in the U.S. in April.
- The company will utilize the infrastructure provided by Zero Hash to bring digital payments to 300 million Americans.
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According to the company’s press release, the partnership represents the last big milestone in the run-up to its U.S. launch. Harold Montgomery, the managing director of Wirex USA, said that selecting reliable and experienced partners such as Zero Hash is “integral” to the company’s success.
Zero Hash is a FinCen-registered Money Service Business and a regulated Money Transmitter. The company holds a virtual currency license from the NYDFS and can operate in all 51 U.S. jurisdictions.
Wirex said the U.S. launch is scheduled for April when the company will enable 300 million Americans to buy, hold, exchange, and sell up to 20 different fiat currencies and cryptocurrencies. Users in the U.S. will also be able to utilize Wirex’s contactless crypto-enabled global debit card and X-Tras, the company’s upcoming token reward scheme.
- Users will now be able to earn interest on SUSHI, 1INCH, BAT, FTT, CRV, BAL, and other DeFi tokens.
- Since launching in late June, over $10 million worth of crypto has been deposited into X-Accounts.
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- The first 500 customers that upgrade their Wirex programs will receive a code to unlock a limited-edition Wirex NFT from Terra Virtua.
- The company has also launched various promotional offers worth a total of $500,000.
- A fifth of WXT’s total supply (2 billion tokens) will be moved from Stellar to Ethereum.
- The move is part of Wirex’s wider plan to widen access to DeFi and boost crypto adoption.