Wayex

Wayex is a stablecoin account and Visa card product that merges multi-chain stablecoin deposits, fiat deposits and global spending into a single dollar balance. After in-app identity verification a user can open USD and EUR accounts, receive funds over local rails such as ACH, SEPA, Faster Payments, SPEI and PIX, or deposit USDC, USDT, DAI and PYUSD directly.

Balances are denominated as USDB at a 1:1 dollar peg. Cards are issued by Lead Bank with Bridge managing the programme, and a virtual card is generated on request and can be pushed into Apple Pay or Google Pay in one tap. USD spending carries a 0% fee, non-USD spending a 1.5% conversion fee, DAI and USDC deposit 1:1 while USDT deposits cost 0.1%. The app offers per-transaction and daily caps, merchant category blocks and one-tap freeze, and idle balances earn a floating rate that tracks money markets. Coverage extends to more than 18 regions.