Wise, a global currency exchange and payments platform, is hiring a product manager for digital assets with a focus on stablecoins, a move that could signal the company’s expansion into the cryptocurrency space amid improving global regulation.
Wise’s director of product, Matthew Salisbury, posted the position on LinkedIn last week. The role will be based in London, home to Wise’s global headquarters.
“If you’ve built wallets and/or a payment solution based on stablecoins and now want to do it on Wise, apply via an ad or send me a DM,” Salisbury wrote.
According to LinkedIn listwhich has already attracted the interest of over 100 applicants, the successful candidate will join Wise’s Accounts team to help expand its product offering and explore how customers can hold digital assets within their Wise accounts.
The company is looking for candidates with at least five years of experience in product management and a proven track record of launching enterprise products in the digital asset or blockchain space.
Wise, formerly known as TransferWise, is best known for providing low-fee international money transfers to more than 160 countries and 40 currencies. In 2024, the company reported £979.9 million ($1.23 billion) in revenue and £345.6 million ($443 million) in profit.
Related: The rise of Money2: The next financial system has already begun
Wise and Stable Payments: Assessing the Potential
It is still uncertain whether and how Wise will adopt stablecoin payment systems. Stablecoin technology is generally seen as a way to make international money transfers faster and more efficient by allowing digital dollars to move without traditional banking intermediaries.
Last month, Visa launched a pilot program using USDC (USDC) and EURC (EURC) stablecoins to help financial institutions facilitate cross-border payments. Wise, in contrast, primarily serves retail customers, a group that is already turning to stablecoins for similar purposes.
According to Chainalysis, Latin America and Africa are among the fastest-growing regions for stablecoin adoption, driven by lower remittance costs and currency volatility.
“In these regions, retail adoption of stablecoins is largely driven by their convenience for low-cost remittances, safe savings in regions with volatile currencies, and the availability of DeFi services such as lending and staking,” the company noted in a December report.
The move comes amid a more favorable regulatory environment for stablecoin adoption in the United States, following the recent passage of the GENIUS Act. In contrast, adoption in Wise’s home market of the United Kingdom has been slower, as regulators work to implement new stablecoin rules by end of 2026.
As a result, US dollar-pegged stablecoins continue to dominate the market, while British pound-denominated alternatives account for only a small share of the total fiat-backed stablecoins in circulation.
Related: BoE signals flexibility on stablecoin limits amid industry resistance: report
About the Author
