Wise Moves Toward Stablecoins with New Product Leadership Role
TLDR
- Wise is hiring a digital-asset product lead with a focus on stablecoins.
- The new role is based in London at Wise’s global headquarters.
- The position attracted more than 100 applicants shortly after being posted.
- The selected candidate will work on allowing users to hold digital assets in their Wise accounts.
- Wise reported strong financial results in 2024 with over £979 million in revenue.
Wise has posted a new role focused on stablecoins, indicating a potential move into digital-asset offerings. The London-based fintech firm is hiring a product lead with experience in building wallet and payment solutions. This development comes amid rising global stablecoin adoption and evolving regulatory clarity in key markets.
Wise Opens Digital-Asset Product Role Amid Growth in Stablecoin Use
Wise posted the opening for a digital-asset product lead on LinkedIn, signaling its intent to explore stablecoin integration. Product director Matthew Salisbury encouraged experienced candidates to apply or contact him directly. The position is based at Wise’s headquarters in London.
The listing attracted over 100 applicants, reflecting strong interest in stablecoin-related roles at prominent financial firms. Wise seeks someone with at least five years of product management experience in blockchain and digital assets. The selected candidate will work on enabling users to hold digital assets inside Wise accounts.
Wise reported strong financial results for 2024, with £979.9 million in revenue and £345.6 million in profit. The company currently serves retail users across 160 countries with over 40 currencies. Its entry into stablecoins could expand services by improving international payments.
Stablecoin Rails Gain Traction Across Payment Platforms
While Wise is still evaluating stablecoin rails, other firms have already begun implementation. Visa recently launched a pilot program using stablecoins USDC and EURC for cross-border payment solutions. This shift reflects the growing role of stablecoins in remittances and settlement processes.
Stablecoins allow value to move digitally without banking intermediaries, enhancing speed and lowering transfer costs. Retail users have already started using these technologies for everyday financial needs. Wise could leverage stablecoin infrastructure to increase efficiency across its international services.
Stablecoin adoption is growing fastest in regions with currency instability and high remittance fees. Chainalysis reported increased retail use in Latin America and Africa. These users turn to stablecoins for affordability, accessibility, and protection from local currency fluctuations.
Regulatory Clarity Could Guide Wise’s Stablecoin Decisions
The United States has taken a major step with the GENIUS Act, offering a clearer regulatory path for stablecoin innovation. This may influence Wise to accelerate stablecoin development in USD-pegged environments. Meanwhile, the United Kingdom plans to introduce new stablecoin rules by 2026.
British pound–backed stablecoins remain a small segment of the market, limiting Wise’s options in its home jurisdiction. However, global trends favor US dollar–pegged stablecoins due to their liquidity and trust. Wise may choose to start there as adoption rises globally.
Salisbury’s job post highlights Wise’s growing interest in stablecoin technology and customer demand for crypto-related services. The company’s expansion into this space reflects broader fintech trends. With new leadership, Wise may soon offer stablecoin solutions for its global user base.
The post Wise Moves Toward Stablecoins with New Product Leadership Role appeared first on CoinCentral.
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