Key Takeaways
- Wirex Business account balances in USD and EUR will flow into Gauntlet USDC Prime on Morpho’s Base deployment.
- Gauntlet Prime Vaults allocate to high-liquidity, blue-chip lending markets, primarily backed by ETH- and BTC-denominated collateral.
- Wirex enabled a one-click experience, where users seamlessly access Gauntlet-curated yield through their Wirex Business accounts, abstracting away complexity and expanding access to the DeFi ecosystem.
Today, Wirex integrated Gauntlet Vaults with Wirex Business accounts, an industry first. This integration provides Wirex Business clients with one-click access to stablecoin yield on their USD and EUR balances.
USDC Prime yields, seamlessly accessible to Wirex Business users
With this integration, Wirex Business account balances in USD and EUR will flow into Gauntlet USDC Prime on Morpho’s Base deployment. USD or EUR balances are converted to USDC by Wirex and supplied to the vault. Vaults are non-custodial, with supply immediately available for withdrawal, enabling users to get yield on their assets until the moment they spend.
Wirex has enabled a one-click experience, where users seamlessly access Gauntlet-curated yield through their Wirex Business accounts, abstracting away complexity and expanding access to the DeFi ecosystem. Users retain full control of their assets while benefiting from our battle-tested yield strategies backed by over seven years of DeFi risk management expertise.
Gauntlet Prime Vaults run conservative, risk-optimized yield strategies that allocate supply to drive sustainable risk-adjusted yield while targeting minimal risk of insolvent debt even under extreme market conditions. The vault allocates to high-liquidity, blue-chip lending markets, primarily backed by ETH- and BTC-denominated collateral. All our vaults benefit from our robust curation framework that includes:
- Rigorous due diligence
- 24/7 liquidity and utilization monitoring
- Continuous stress-testing against volatility and liquidity shocks
Read more about how our Prime Vaults fared during the recent liquidity stress period.
Expanding access to sustainable onchain yields
This collaboration is a direct extension of our mission to drive the adoption and understanding of the financial systems of the future.
Selecting Gauntlet as its DeFi yield curator, Wirex is bringing battle-tested yield curation and rigorous risk modeling to its Business Account users. Our models have safeguarded over $42B across DeFi, and curate more than $1.5B in TVL across dozens of vaults.
“We’re bringing something to market that never existed before: institutional-grade yield packaged for everyday businesses,” said Pavel Matveev, co-founder of Wirex. “By partnering with Morpho and Gauntlet, we’re able to combine security, liquidity, and high performance in a product that feels simple and familiar to the mass market.”
With this integration, Wirex joins leading fintechs and crypto companies worldwide who provide access to Gauntlet Vaults to their users and rely on our risk models. Read more about our institutional collaborations on VaultBook.
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