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

Wirex has opened Wirex One to the public as a day‑one launch partner on Arc’s mainnet, offering a private‑banking‑style experience built on stablecoins for mass‑affluent users.

Key Features at Launch

• Stablecoin‑funded debit card with up to 8% cashback in USD, instantly spendable.
• Access to selected crypto and stablecoin yield products.
• Support for a wide range of crypto assets.
• Multi‑currency accounts with fee‑free foreign‑exchange and global ATM withdrawals.
• SEPA, ACH, Faster Payments, card transfers and crypto transfers.
• Membership tiers offering higher rewards, fee‑free trading, dedicated account management and discounts on AI‑driven financial platforms.

Why Arc Was Chosen

Arc is an open blockchain designed for real‑time money movement and stablecoin payments. Its built‑in privacy layer, instant settlement and integration with Privy’s non‑custodial wallet give users full asset ownership and institutional‑grade security without typical crypto‑wallet complexity.

Target Market

The platform aims at the “mass affluent” segment—individuals too wealthy for retail banking but below the minimum for traditional private banking. The global private‑banking market is projected to grow over 10% annually, reaching $1.24 trillion by 2035, leaving a sizable underserved group.

Future Roadmap

Wirex plans to expand Wirex One with tokenised equities and perpetual contracts in the coming weeks.

Company Context

Wirex provides a stablecoin infrastructure that enables regulated accounts, cards, payments, payouts, yield and cashback across multiple chains. The company reports $2 billion annualised card‑spend volume and has processed more than $20 billion in transactions across 130 countries since 2014.