Stablecoin cards can feel global to the user while the settlement infrastructure underneath still runs through a single base currency.
@Paymentscan’s latest research looks at how that affects cross-border card costs, why multi-currency settlement can reduce the overhead, and why relatively few stablecoin card programmes support it today.
The research also highlights where Wirex is already moving ahead, with onchain settlement in both USDC and EURC and the widest local issuance footprint of any stablecoin issuer tracked by Paymentscan.
Glad we could support the research. Thanks to
@Paymentscan,
@tstereth and
@datadashboards for the breakdown.
We set out to understand why many stablecoin cards charge FX fees as high as your bank.
Card currencies, explained: what the networks charge across borders, how much settling in USD really costs, and who's fixing it.
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