Wizz Financial Completes First Stablecoin-Powered Cross-Border Transaction from the US to 80 Countries with BitGo
Milestone marks the next phase of Wizz Financial's multi-product fintech platform, extending its
This transaction marks the launch of Wizz Financial's proprietary stablecoin and blockchain strategy through its
By integrating blockchain rails into its existing remittance, card, and digital payments infrastructure, Wizz Financial aims to improve settlement speed, transparency, pricing efficiency, and liquidity management, while operating within established regulatory and compliance frameworks.
The Group's US platform is now live, enabling outbound payments from
"The cross-border payments industry has been overdue for disruption. With this milestone transaction, Wizz Financial is proving that stablecoin technology, combined with robust regulatory compliance, can deliver what customers truly need: speed, transparency, and affordability at scale. We're building the future of global remittances, and this is just the beginning," said Amir Nagammy, Founder & CEO of Wizz Financial.
"Our investment in blockchain infrastructure has culminated in a direct settlement system that fundamentally reimagines treasury operations. By partnering with
"We're pleased to support Wizz Financial on this project and its work to improve cross-border payments" said
The milestone demonstrates Wizz Financial's ability to combine regulated financial infrastructure with blockchain technology to support remittances, card programs, corporate settlements, and treasury flows across global markets. Wizz Financial plans to work closely with regulators, banks, payment networks and global partners to scale this model and extend stablecoin-based services to more corridors and customer segments. The company is also exploring additional blockchain partnerships and custody solutions to enhance operational efficiency and security across its ecosystem.
About
Wizz Financial is a financial technology company focused on transforming cross ‑ border money movement and digital lending across strategic economic corridors spanning
Wizz Financial offers a comprehensive suite of B2C and B2B services, including remittances, foreign exchange, card issuance and processing, digital wallets, secured lending, stablecoin treasury and liquidity solutions, and platform ‑ as ‑ a ‑ service solutions, underpinned by an in ‑ house cloud ‑ native technology stack. The Group operates under more than 50 regulatory licenses worldwide with a network of over 500 branches. Wizz Financial was co ‑ founded by
About
For more information, visit www.bitgo.com.
Disclaimer
This announcement and the stablecoin-powered cross-border transaction described herein are not applicable to
These activities are solely undertaken by Wizz Financial's overseas group entities in compliant jurisdictions.
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