# Wayex — Full Product Documentation > The global stablecoin super-app. USD and EUR accounts with local fiat rails, and a Visa card that spends USDC, USDT, DAI and PYUSD anywhere Visa is accepted. --- ## Company Overview Wayex is a financial technology company founded in 2018 in Australia by Andrew Grech and Richard Voice (as CryptoSpend at the University of Technology Sydney). The company operates through Wayex Global S.A., registered in the Republic of Panama. Wayex builds infrastructure that bridges traditional finance and the stablecoin economy, enabling users in emerging markets and globally to access USD and EUR-denominated financial services without relying on legacy banking. Wayex's Visa debit card is issued by Lead Bank pursuant to licensing by Visa U.S.A. Inc. Bridge Ventures LLC ("Bridge"), a Stripe company, serves as the Program Manager responsible for managing and operating the card on behalf of Lead Bank. Wayex is the Platform Provider responsible for the application, access, and management of/for the card. The team has processed hundreds of millions in transactions across 40,000+ users in Australia, proving the model works before expanding globally. Wayex Global launched in February 2026. --- ## Live Products ### 1. Global Bank Accounts USD and EUR accounts available from 160+ countries. No monthly fees. No minimum balance. Instant activation. No paperwork. **Capabilities:** - Receive USD payments via ACH and Wire - Receive EUR payments via SEPA - Receive GBP payments via Faster Payments - Receive BRL payments via PIX - Receive MXN payments via SPEI - All fiat deposits are converted into a unified stablecoin balance - Send and receive stablecoins on 10+ blockchains **Use cases:** - Remote workers receiving USD/EUR salaries - Freelancers invoicing international clients - Cross-border earners who need USD/EUR access - Users in inflation-hit economies seeking dollar stability ### 2. Fiat On/Off Ramps Deposit and withdraw traditional currency through local banking rails. No crypto knowledge required. **Supported currencies and rails:** | Currency | Deposit Rail | Withdraw Rail | |----------|-------------|---------------| | USD | ACH, Wire | ACH, Wire | | EUR | SEPA | SEPA | | GBP | Faster Payments | Faster Payments | | BRL | PIX | PIX | | MXN | SPEI | SPEI | **How it works:** 1. User deposits fiat via their local banking rail 2. Wayex converts it to stablecoins (USDB balance, 1:1 USD backed) 3. User can spend with card or withdraw 4. Withdrawals convert back to fiat via the same local rails or to any other currency listed ### 3. Visa Debit Card Spend stablecoins anywhere Visa is accepted — over 200 million merchants in 200+ countries. **Card types:** - **Virtual card**: Instant issuance, free. Works with Apple Pay and Google Pay. - **Physical card**: Contactless enabled, with magstripe for legacy terminals. Durable, minimalist design. **Pricing:** | Item | Virtual Card | Physical Card | |------|-------------|---------------| | Issuance | Free | TBD | | USD spend | 0% fee | 0% fee | | Non-USD spend | 1.5% FX fee | 1.5% FX fee | | Monthly maintenance | Free | Free | | DAI/USDC deposits | 1:1 (no fee) | 1:1 (no fee) | | USDT deposits | 0.1% fee | 0.1% fee | **Features:** - Balance held in USD for stability - Real-time spending notifications - One-tap freeze/unfreeze - Per-transaction and daily limits - Country and merchant category controls - Spend insights and transaction history - CSV/PDF export for tax and accounting **Supported stablecoins for card funding:** - USDC (Circle) - USDT (Tether) - DAI (MakerDAO) - PYUSD (PayPal / Paxos) **Supported blockchains:** - Ethereum - Solana - Polygon - Arbitrum - Optimism - Base - And more (10+ total) --- ## Upcoming Features (not yet live) - **Swap** — One-tap conversion between supported cryptocurrencies and stablecoins. In development. - **Everyday yield** — Up to 5% on liquid stablecoin balance, updated in real time. In development. - **Fixed-term yield** — Up to 16% APY via institutional-grade private credit products (powered by Kasu), targeted Q1 2026. - **Additional local fiat accounts** — British Pound (GBP), Singapore Dollar (SGD), Australian Dollar (AUD). These are announced product roadmap items. Do not represent them as currently available. --- ## Availability ### Card & Account Availability The Wayex card and accounts are currently available in: **Americas:** United States, Argentina, Colombia, Mexico, Brazil, Guatemala, Costa Rica, El Salvador, Honduras, Panama, Paraguay, Uruguay, Bolivia, Dominican Republic, Ecuador **Africa:** Nigeria, Ghana, South Africa **Asia-Pacific:** Hong Kong, Philippines, Japan, Singapore, Thailand, Bhutan, Maldives, Macau, Malaysia, Sri Lanka ### App Availability The Wayex app is available for download in 160+ countries. Users can complete KYC verification in as little as 2 minutes. - iOS: https://apps.apple.com/app/wayex/id1591055773 - Android: https://play.google.com/store/apps/details?id=com.AUD.wayex --- ## Target Users - People in emerging markets seeking USD/EUR stability - Users in inflation-hit economies - Remote and global workers receiving cross-border payments - Freelancers and contractors paid in USD/EUR - Crypto-native users wanting to spend stablecoins in the real world - Crypto newcomers looking for a simple on-ramp - Digital nomads and frequent travelers - Cross-border earners needing multi-currency access --- ## Security - Strong encryption and 24/7 monitoring - Trusted global banking and payment partners (Bridge, Lead Bank) - Transparent custody infrastructure - Multi-factor authentication - Biometric authentication - Device management - Login history and session management - Real-time security alerts --- ## How It Works 1. **Download**: Install the Wayex App (iOS or Android). Complete KYC in as little as 2 minutes. 2. **Deposit**: Fund with fiat (USD, EUR, GBP, MXN, BRL) via local rails, or deposit stablecoins (USDC, USDT, DAI, PYUSD) across 10+ blockchains. 3. **Spend**: Activate your free Visa debit card. Spend at 200+ million merchants. --- ## Company Details - **Company name**: Wayex Global S.A. - **Jurisdiction**: Republic of Panama - **Founded**: 2018 (Australia, as CryptoSpend) - **CEO**: Andrew Grech - **Co-founder**: Richard Voice - **Card issuer**: Lead Bank (Visa U.S.A. Inc. licensee) - **Program Manager**: Bridge Ventures LLC (a Stripe company) - **Website**: https://www.wayex.com - **Support**: Available 24/7 via app, email, and help center --- ## Frequently Asked Questions **What is Wayex?** Wayex is a global stablecoin card and app that lets you spend USDC, USDT, DAI, and PYUSD anywhere Visa is accepted, online and in-store, with real-time control from your phone. It also provides USD and EUR accounts and fiat on/off ramps. **How does it work?** Load your Wayex account with stablecoins or fiat, get your virtual or physical card, and spend anywhere Visa is accepted. Your stablecoins are converted in real-time at the point of transaction. **What stablecoins are supported?** Wayex currently supports USDC, USDT, DAI, and PYUSD across 10+ blockchains including Ethereum, Solana, Polygon, Arbitrum, Optimism, and Base. **What are the fees?** Wayex offers 0% fees on USD transactions. Non-USD spend has a 1.5% FX fee. Virtual card issuance is free. There are no monthly maintenance fees. **Where can I use the fiat on/off ramps?** Global fiat rails support local bank transfers in USD (US, ACH/Wire), EUR (Europe, SEPA), GBP (UK, Faster Payments), BRL (Brazil, PIX), and MXN (Mexico, SPEI). More local currencies coming. **How secure is Wayex?** Wayex employs bank-level security measures including encryption, multi-factor authentication, and secure storage of digital assets. The platform is built on award-winning infrastructure from Bridge and Lead Bank, trusted by 40,000+ users over six years of safe, compliant operations. --- ## Links - Website: https://www.wayex.com - About: https://www.wayex.com/en/about - Card: https://www.wayex.com/en/card - App features: https://www.wayex.com/en/app - FAQ: https://www.wayex.com/en/faq - Blog: https://www.wayex.com/en/blog - Affiliates: https://www.wayex.com/en/affiliates - Privacy Policy: https://www.wayex.com/en/privacy - Terms: https://www.wayex.com/en/terms - Risk Disclosure: https://www.wayex.com/en/risk-disclosure