Wirex, a leading Web3 money app, is proud to announce the integration of Liquity’s LUSD and LQTY tokens, expanding its comprehensive selection of supported cryptocurrencies. 

Users can now seamlessly engage in buying, selling, and utilising Liquity tokens for everyday transactions with 50 million merchants in 200+ countries through the Wirex app.

Liquity, a decentralised borrowing protocol, empowers users to access interest-free loans by leveraging Ether as collateral. The loans are issued in LUSD, a decentralised stablecoin pegged to the USD that is collateralised by ETH. The protocol has achieved a significant milestone, marking 1 000 days since the deployment of its smart contracts on the Ethereum mainnet. Over these 1000 days, the protocol has issued over $4.7 billion in loans and currently has a TVL of $700M. These loans are co-secured by a Stability Pool containing LUSD and by fellow borrowers collectively acting as guarantors of last resort. Liquity as a protocol is non-custodial, non-upgradable, and governance-free.

Notably, the immutable nature of these contracts has ensured stability, coupled with an impeccable security track record since inception. LUSD stands out as a reliable and secure stablecoin, and has been rated as the safest stablecoin to hold by stablecoin ratings agency BlueChip.

“We are excited to continue expanding our cryptocurrency offerings and provide our users with access to innovative projects like Liquity. The integration of LQTY and LUSD in the Wirex app aligns with our commitment to empowering users and simplifying their cryptocurrency journey,” said Pavel Matveev, CEO & Co-founder of Wirex.

Sam Lekhak, Head of Growth at Liquity, commented: “Liquity is excited to integrate with Wirex to bring our decentralised borrowing protocol to a wider audience. The inclusion of LUSD and LQTY within the Wirex app enhances the utility of Liquity tokens, providing users with a seamless experience in using these assets for day-to-day transactions.”

The Wirex integration opens new possibilities for crypto users, allowing them to leverage their LUSD and LQTY tokens effortlessly for everyday transactions. Beyond simple buying and selling, Wirex offers a suite of features including Cryptoback™ to enhance the overall user experience.

Wirex, a global leader in digital payments, has unveiled the winners of the 2023 Rising Women in Crypto Power List, a part of the company’s Women in Crypto campaign.

In collaboration with The Cryptonomist, this initiative recognizes, honors, and celebrates the impactful contributions of women in the crypto sector.

After a careful review by a respected panel of judges, which included industry experts such as Amelia Tomasicchio, Ani Petrova, Diana Carrasco-Vime, Eleonora Rocca, George Coxon, and Georgia Hanias, Wirex is excited and confident to introduce the outstanding women who have showcased remarkable accomplishments.

The 2023 Rising Women in Crypto Power List winners:

• Amna Usman Chaudhry, MENA Lead at Climate Chain Coalition
• Audrey Akwenye, Co-Founder of Black@
• Belinda Lim, Head of Partnerships SG at The Sandbox
• Bridget Greenwood, Founder of The Bigger Pie, Co-founder of 200Bn Club
• Caterina Ferrara, Senior Blockchain Consultant & Analyst at AlmavivA
• Charmaine Short, Operational Test Manager at Fnality International
• Lianna Adams, Founder of Impactful Artistry, Web3 advocate
• Lori Souza, Co-Founder and COO at MetaFusion
• Priya Guliani, CEO of Earth.ID
• Yaliwe Soko, Chairperson at United Africa Blockchain Association

Special Awards:

Compliance Leader of the Year: Natalia Latka, Crypto Compliance Regulatory Advisor at Merkle Science

Social Media Influencer of the Year: Randi Zuckerberg, CEO and Founder of HUG

Pavel Matveev, Wirex’s CEO & Co-founder, commented during the event: ‘On behalf of Wirex, a sincere congratulations to all the winners! Your achievements are pushing the boundaries of innovation in the crypto space, and we’re proud to recognise your significant contributions.’