Fintech Wirex Adds WXT to Ethereum in DeFi Push
LONDON, May 6, 2021 /PRNewswire/ Digital payments platform, Wirex, has announced the migration of a fifth of their popular native token, the Wirex Token (WXT), from the Stellar Network to the Ethereum blockchain. Following the successful launch of WXT two years ago, Wirex will move 20% of the total supply to allow greater access to the benefits of decentralised finance (DeFi) for Wirex users and beyond.
The London-based company has been on a mission to bring decentralised digital currency to the masses since its launch in 2014. Innovation has been at the core of their growth, developing an industry-leading platform that empowers their 3.5 million customers to have easy access to crypto in everyday life. They ve already made headlines for becoming the first company in the world to develop a crypto-enabled debit card, the first crypto rewards programme, Cryptoback, and by becoming the first crypto-friendly company to achieve principal
Wirex Announces Addition of WXT to Ethereum
Digital payments platform
Wirex Token (WXT), from the
Stellar Network to the
Ethereum blockchain. Wirex reported that following the launch of WXT just two years ago, it will move 20% of the total supply to allow access to the benefits of decentralized finance (DeFi) for its users.
Speaking about the launch,
Pavel Matveev, CEO and Co-Founder of Wirex, stated:
“Wirex without innovation isn’t an option. We’ve always believed in the potential for DeFi to change the way people think about and use money, and making WXT available on the most popular and powerful blockchain for DeFi applications is a no-brainer.”