Digital payments platform, Wirex, announced their partnership with Zero Hash which will support their US launch this April that aims to provide access to crypto to over 300 million Americans.
Wirex currently serves nearly 3.5 million people across more than 130 countries, allowing users to buy, hold, and exchange both fiat money and cryptocurrencies. They made news recently, after they were the second crypto payment platform, along with Coinbase, to become a member of the Visa network.
Zero Hash – a digital asset settlement platform, owned by Seed CX Wirex, will provide the infrastructure that will allow Wirex to expand into 51 jurisdictions within the US. Through this partnership, Wirex expects to enhance their global potential, and drive forward with their mission to provide access to crypto to everyone.
“We are pleased that Zero Hash is powering Wirex’s US crypto expansion. Zero Hash provides the infrastructure enabling Wirex to rapidly expand into the United States, introducing an exciting product that is loved by clients globally to market there. Through the partnership, Wirex enables clients to seamlessly purchase and sell crypto, allows peer-to-peer crypto transfers and crypto rewards.” commented Edward Woodford, CEO of Zero Hash.
A proven industry pioneer, and with over $45 billion dollars worth of transactions to their name, this US wide launch in April heralds the rapid expansion of cryptocurrency platforms across the nation. In line with other successful cryptocurrency exchanges such as Coinbase.
With increased demand for cryptocurrencies, and the recent wave of support from key industry figures, the foray into digital currency looks like it is here to stay, providing an alternative to the rapidly devaluing dollar. Despite the many benefits of blockchain-based payment platforms, there are many barriers in place, one of which is the perceived difficulty for non-professionals to purchase and sell crypto.
This is where platforms, such as Wirex, are stepping up to provide users with access to cryptocurrency with the opportunity for real-world application without the middle-man. What may have once been considered high-risk, or out of reach for many, is now being made increasingly accessible, with cryptocurrency platforms making their way into every corner of the globe.