Crypto stack for the new economy

Wyre Background

Wyre is a crypto and payment infrastructure company that develops a variety of payment APIs. It was founded in 2013 ย by Giannaros and Michael Dunworth and is headquartered in San Francisco, California, USA.

Wyre is a developer of a blockchain-based payment platform designed to change the future of how international payments are done. The company’s platform provides real-time payouts, same-day transfers, and direct-to-bank transfers, enabling businesses to move money across borders from country to country at a competitive foreign exchange rate.Wyre’s business owners can easily create an account and send money to any person or business without worrying about high foreign exchange rates, hidden fees, complicated payout timing, and high payment fees. It also provides onramps and off-ramps, foreign exchange, and crypto liquidity to users of various crypto projects including decentralized exchanges.

According to several sources, Wyre is reportedly shutting down its business by end of January 2023.

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