A card lets users spend their stablecoins. Virtual accounts let them move money in and out. With a US account number, a euro IBAN, or UK account details, a user can fund an app by bank transfer and withdraw to their bank, while the app holds the balance in stablecoins behind the scenes.
For a card program that wants to become more than a card, virtual accounts are usually the next thing to add. A growing number of stablecoin card issuers now offer them alongside the card, so a program can add accounts, FX, and payouts without signing another provider.
This comparison draws on our guide, How to Launch a Stablecoin Card Program, and on what issuers told us and publish in their developer docs as of November 2026.
What Is a Virtual Account?
A virtual account gives a user bank details, such as an account and routing number in the US or an IBAN in Europe, without a traditional bank account behind each one. Payments sent to those details land in the user’s balance in the app. In a stablecoin app, that balance is usually converted to or from stablecoins on the way in and out. Our explainer on virtual bank accounts covers how they work in general.
Why Card Programs Add Virtual Accounts
Funding the card. Crypto-native users top up from a wallet. Everyone else expects a bank transfer. For a fintech or brand that wants a fiat experience, the guide’s advice is to prioritise fiat funding by bank transfer, IBAN, or card top-up, along with multi-currency balances and licensed ramps in your markets.
Building a neobank. In a stablecoin neobank, the card is how users spend from an account that also holds, moves, and earns on their money. That account needs bank details, FX, and payments.
Revenue. Interchange alone rarely pays for a card program. Most programs earn on what sits around the card, including on- and off-ramp fees and FX when users move money in and out or spend in another currency.
One integration. The card is usually where a product starts. Assembling accounts later from separate providers means more contracts, more integrations, and user balances spread across them. Map the features you will need before choosing an issuer.
Virtual Accounts by Stablecoin Card Issuer
Here is what each issuer offers alongside the card:
| Issuer | Virtual accounts | FX | Local payouts |
|---|---|---|---|
| IssuerWirex | Virtual accountsEUR, GBP, USD | FXYes | Local payouts16 corridors, incl. SEPA, ACH, Faster Payments, Pix, SPEI, UPI |
| IssuerStripe (Bridge) | Virtual accountsUSD, EUR, GBP, MXN, BRL, COP | FXYes, via Bridge | Local payoutsACH, SEPA, Faster Payments, SPEI, Pix |
| IssuerStraitsX | Virtual accountsUSD, SGD | FXSGD, USD, IDR | Local payoutsFAST and MEPS (SGD); SWIFT |
| IssuerInterlace | Virtual accountsMulti-currency | FXYes | Local payoutsACH, SEPA, SWIFT |
| IssuerRain | Virtual accounts– | FX– | Local payoutsACH, Fedwire, SPEI; 80+ countries |
Source: issuers’ answers to our questions, and their websites and developer docs, November 2026.
Wirex
Wirex offers EUR, GBP, and USD virtual accounts with FX, and local payouts across 16 corridors, including SEPA, ACH, Faster Payments, Pix, SPEI, and UPI. It is the only issuer in this comparison that offers credit, and it also offers yield, merchant offers, and push-to-card in the same integration.
Stripe and Bridge
Stripe offers the widest list of account currencies in this comparison: USD, EUR, GBP, MXN, BRL, and COP. FX runs through Bridge, which Stripe acquired in 2025, and payouts cover ACH, SEPA, Faster Payments, SPEI, and Pix. Stripe also supports yield on eligible stablecoin balances through OUSD, and offers stablecoin issuance for businesses launching their own.
StraitsX
StraitsX offers USD and SGD accounts, FX between SGD, USD, and IDR, and payouts over Singapore’s FAST and MEPS rails as well as SWIFT. Programs on StraitsX can fund in its own XUSD and XSGD stablecoins at close to zero cost. It also supports QR payments.
Interlace
Interlace offers multi-currency virtual accounts, FX, and payouts over ACH, SEPA, and SWIFT, plus QR payments and acquiring.
Rain
Rain doesn’t offer virtual accounts. It supports payouts over ACH, Fedwire, and SPEI, and to more than 80 countries, plus a white-label rewards program. A Rain program that needs accounts would add a separate provider.
Local Payout Rails by Issuer
Local payouts let users withdraw over a country’s own bank rails instead of an international wire. The rails each issuer lists cover these markets:
| Rail | Market | Issuers that list it |
|---|---|---|
| RailACH | MarketUS | Issuers that list itWirex, Stripe, Rain, Interlace |
| RailFedwire | MarketUS | Issuers that list itRain |
| RailSEPA | MarketEurozone and wider Europe | Issuers that list itWirex, Stripe, Interlace |
| RailFaster Payments | MarketUK | Issuers that list itWirex, Stripe |
| RailPix | MarketBrazil | Issuers that list itWirex, Stripe |
| RailSPEI | MarketMexico | Issuers that list itWirex, Stripe, Rain |
| RailUPI | MarketIndia | Issuers that list itWirex |
| RailFAST and MEPS | MarketSingapore | Issuers that list itStraitsX |
| RailSWIFT | MarketInternational | Issuers that list itStraitsX, Interlace |
Source: issuers’ websites and developer docs, November 2026. Wirex lists 16 corridors in total and Rain more than 80 payout countries; only named rails are shown.
Hiding Stablecoins From Users
Many fintechs and consumer brands want stablecoin rails without showing users a token. The guide calls this architecture “stablecoins as plumbing”. Users fund in fiat, by bank transfer or card top-up. A licensed entity holds the balance and converts it to stablecoins behind the scenes. The card settles from that treasury, and the user sees a USD or EUR balance.
Virtual accounts are what make this work. If this is your model, ask each issuer two extra questions:
- Can stablecoins be hidden from the user entirely?
- Is fiat on- and off-ramping licensed where our users are?
What to Ask a Virtual Account Provider
- Which account currencies can we offer, and in which countries?
- Which payout rails and corridors are supported?
- What FX markup applies when users deposit or withdraw in another currency?
- Can balances earn yield while staying available for card authorisations, and in which stablecoin?
- Do accounts and cards share one integration and one user balance?
FX on deposits and withdrawals is worth testing yourself. When we tested the banking vendors behind leading stablecoin neobanks, FX spreads on euro deposits and withdrawals ranged from 0% to about 2%.