Wyre is a leading fiat-to-cryptocurrency and payment infrastructure company for the cryptocurrency ecosystem. In blockchain time, Wyre has been around forever — it was founded in 2013. Wyre leverages blockchain to facilitate cross-border payments, bridging the gap between traditional payment processing and digital assets. Focusing on developers, the company provides easy-to-integrate APIs which enable thousands of developers to bring cryptocurrency to the masses. The company has “on-ramped” over 15 million end users to their partners and has processed over $10B in payments since inception.
We were joined by Co-founder and CEO Yanni Giannaros, and Director of Crypto Strategy Jamal Raees, to chat about payments applications in general and in web3, how Wyre works on a technical and business level including regulatory constraints, their recent acquisition by Bolt, and the roadmap for the platform.
Topics covered in this episode:
- The history of Wyre and the changes they have seen in the space over the past 10 years
- Yanni and Jamal’s backgrounds and how they met
- A technical overview of Wyre
- The challenges of running an onramp
- Bolt’s recent acquisition of Wyre
- Payments applications in web 3 – what works and what doesn’t
- The Wyre business model and fees
- The jurisdictional restrictions for using Wyre and Yanni and Jamal’s thoughts on the current regulatory environment
- The future of crypto interfaces
- The Wyre roadmap
Episode links:
Sponsors:
- ParaSwap: ParaSwap aggregates all major DEXs and makes sure you beat the market price at every single swap and with the lowest slippage – paraswap.io/epicenter
- Chorus One: Chorus One runs validators on cutting edge Proof of Stake networks such as Cosmos, Solana, Celo, Polkadot and Oasis. – https://epicenter.rocks/chorusone
This episode is hosted by Friederike Ernst. Show notes and listening options: epicenter.tv/449
- SEO Powered Content & PR Distribution. Get Amplified Today.
- Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
- Source: https://epicenter.tv/episodes/449
- :is
- 10
- a
- About
- acquisition
- All
- and
- APIs
- applications
- around
- AS
- Assets
- At
- backgrounds
- between
- blockchain
- Bolt
- bridging
- bring
- business
- business model
- by
- Celo
- ceo
- challenges
- Changes
- Co-founder
- COM
- company
- constraints
- Cosmos
- covered
- cross-border
- cross-border payments
- crypto
- cryptocurrency
- cryptocurrency ecosystem
- Current
- cutting
- developers
- DEXs
- digital
- Digital Assets
- Director
- director of crypto
- ecosystem
- Edge
- enable
- Epicenter
- Every
- facilitate
- focusing
- For
- forever
- Founded
- future
- gap
- General
- Have
- history
- hosted
- How
- HTTPS
- in
- inception
- Including
- Infrastructure
- IT
- joined
- leading
- Level
- leverages
- links
- Listening
- major
- MAKES
- Market
- masses
- million
- model
- networks
- Notes
- Oasis
- of
- on
- ONE
- Options
- overview
- ParaSwap
- partners
- past
- payment
- payment processing
- payments
- platform
- plato
- Plato Data Intelligence
- PlatoAiCast
- platoaistream
- PlatoData
- Polkadot
- price
- processing
- proof
- Proof-of-Stake
- provides
- recent
- regulatory
- restrictions
- roadmap
- running
- s
- show
- since
- single
- slippage
- Solana
- Space
- stake
- Strategy
- such
- Technical
- The
- their
- thousands
- time
- to
- traditional
- users
- validators
- web
- Web 3
- Web3
- What
- which
- with
- works
- wyre