Wyre ❤️ Ethereum – Wyre Blog

While our first love is Bitcoin, we’re super bullish on DeFi and Ethereum. In our previous post, we took you through our long journey in cross border payments to now powering bitcoin + lightning network use cases. In this post, we will focus entirely on the growing development in the Ethereum ecosystem. In May 2018 we made a major product decision to pivot to purely a fiat on/off ramp given our existing infrastructure allowed us to do so. We witnessed exciting use cases in the world of DeFi, gaming and more, and we understood the importance of providing a compliant on-ramp to these services would be pivotal to mainstream adoption.

Considering our existing banking relationships, payment rails, regulatory licenses, and compliance program, it seemed we were the perfect candidate to connect the two worlds. And so we did. Today, Wyre is focused on helping Etheruem developers build powerful financial applications.

We’re indifferent to the partner’s size, stage, or experience.

In the past couple of months, we announced V2 of Wyre and our refined vision of how device-based payments and DeFi go hand in hand. This will especially help service an audience that wants to access financial services directly from their debit card. In 2020, we will be launching native meta transaction support which will allow you to go directly into any DeFi interaction from your debit card. This will allow a new user to onboard into crypto in less than 20 seconds. As we gear up for this feature, we excited to spotlight our latest Etheruem partnerships. Thank you to all partners who have stood by us as we iterated to get to where we are. Here are a few: