Wirex, a global payments platform, is strategically launching its dedicated appchain with Tanssi. Currently live on Tanssi’s testnet and scheduled for mainnet deployment later this year, the appchain will handle Wirex’s $20 multibillion annual transaction volume, sharply reducing reliance on third-party infrastructure.
The company said this move accelerates compliant, low-cost crypto payments globally, dramatically simplifies operations, and enhances Wirex’s autonomy, Ethereum-grade security, and interoperability with DeFi, stablecoins, and tokenized assets.
“Tanssi enables us to take a giant leap forward in decentralizing Wirex’s ecosystem. Their infrastructure-first approach and ready-to-deploy appchain environment significantly reduce technical friction while giving us greater autonomy and scalability. This collaboration is a crucial step in our journey to make crypto-powered payments mainstream,” said Wirex co-founder Dmitry Lazarichev.
With global payments revenue projected to surpass $3 trillion annually by 2028 and real-world asset (RWA) tokenization approaching $17 billion in on-chain value in 2025, the demand for infrastructure delivering predictable performance, strict compliance, and operational scalability is more critical than ever.
To securely launch its own fully decentralized appchain while accelerating its go-to-market strategy, Wirex selected Tanssi—a decentralized infrastructure-as-a-service platform purpose-built to quickly deploy compliant, sovereign appchains. This allows Wirex immediate infrastructure ownership, deep regulatory customization, and faster product innovation at global scale.
Benefits
Instant, automated appchain deployment: Tanssi’s prebuilt Ethereum-compatible templates and automated orchestration enable Wirex to instantly deploy a fully operational appchain, accelerating its go-to-market strategy while drastically cutting deployment time and costs.
Institutional-grade security backed by Ethereum: Tanssi has already secured more than $400 million in Ethereum-based economic security through Symbiotic’s Universal Staking framework. This effort means appchains like Wirex instantly benefit from robust decentralized validation and shared economic security, eliminating the need to independently bootstrap validators or build their own staked value.
For Wirex, this translates directly into meeting rigorous global financial standards and compliance requirements immediately upon deployment, accelerating innovation while significantly simplifying operational complexity.
Embedded compliance and transparent governance: Tanssi’s built-in governance modules, customizable Ethereum Virtual Machine (EVM) compatibility, and runtime flexibility empower Wirex to natively embed critical compliance features—such as KYC/AML processes and multi-token fee structures—directly into its appchain logic, significantly simplifying regulatory alignment and enabling transparent, on-chain community input for protocol evolution.
Scalable operations and reduced costs: With Tanssi’s infrastructure-as-a-service model, Wirex streamlines infrastructure management and significantly lowers operational overhead, freeing valuable resources to prioritize innovation, regulatory compliance, and user experience enhancements.
The Wirex appchain is currently live on the Tanssi Testnet, with the mainnet deployment scheduled for later this year.