Wirex Partners With TRON to Launch On-Chain Global Payment Infrastructure

Wirex, an international digital payments company famous for stablecoin-based systems, has formed a strategic partnership with TRON DAO. This collaboration brings forth a payment layer for the TRON network that has capabilities for instant, autonomous, and worldwide on-chain money transfer. This completely on-chain solution also has agent-based payment capabilities for digital agents.

The aim of this infrastructure is based on the fact that it considers payments as programmable behavior rather than static transactions. The agents show their capability of making payments, as well as accumulating or transferring funds, without the need for third parties. The functionality of this technology is direct in the context of having it work in the TRON blockchain itself.

Also Read: Wirex & Alchemy Pay To Unleash A Polygon-Powered Crypto Payments Symphony

Wirex and TRON Build Unified Payment Infrastructure

As a result of the collaboration, Wirex and TRON are creating a robust infrastructure that enables the integration of blockchain assets with real-world usage. The users on the TRON platform can use the digital assets to make payments. Self-custody is also intact, and users have full control over the digital assets.

In addition, TRON brings scale and speed to this project. The network has processed over $23 trillion in cumulative transfer volume and has been serving more than 350 million user accounts. It has recorded over 12 billion transactions and is recognized as an international settlement layer that is optimized for speed, affordability, and reliability.

The payment infrastructure relies on the high-performance layout of TRON. The speed of transactions and the cost of zero fees enable transactions to be carried out frequently. The fully programmable layout enables applications to embed payments within their workflow characteristics.

Wirex Launches TRON-Native Stablecoin Payments

Each transaction on the new infrastructure takes place entirely on-chain. The conversion, transfer, and settlement of stablecoins are processed on the TRON chain, which supports efficiency and integrity. Custody of the assets is maintained entirely by the user, with the payment infrastructure provided by Wirex.

Wirex adds global connectivity for cards and banking to TRON’s on-chain economy. The platform connects blockchain assets with universal merchant acceptance and banking infrastructure in various geographies. The integration of universal USD and EUR stablecoins for direct conversion and liquidity is provided by this platform.

It’s another landmark achievement for Wirex in their endeavor to link blockchain ecosystems with mainstream payment systems around the world. Following their success on other dominant blockchains, their collaboration with TRON ensures that the role played in stablecoin aggregation is also reinforced by their foray into TRON.

Also Read: Wirex and Stellar Launch Real-Time Stablecoins Settlement With Visa Integration