Wirex Pay has introduced a modular blockchain payment system that enhances security using non-custodial wallets and a private key system. This solution aims to build trust in platforms by allowing users to have full control over their funds.
On October 9th, Wirex Pay launched an early access application, giving selected users the ability to make everyday payments using cryptocurrencies through non-custodial wallets. The application supports cryptocurrencies such as Tether (USDT), USD Coin (USDC), and Dai (DAI), and is available in 54 countries, excluding the United States.
Wirex Pay co-founder Pavel Matveev noted that the platform gives users complete control over their funds with the help of private keys and multi-signature, which is especially important amidst declining trust in centralized platforms.
