Wyre Payments, Inc, based in San Francisco, CA, has announced the winding down of its business operations after 10 years of providing robust payments and custody infrastructure. Despite facing challenging market conditions, Wyre has remained committed to prioritizing customers and compliance, aiming to remove barriers for developers in the crypto space.
As of August 15, 2023, Wyre will disable its dashboard and APIs, and any remaining assets on the platform can be withdrawn through support channels. Unclaimed funds will be delivered to each state in accordance with state abandoned property regulations. For those interested in acquiring Wyre's assets, they can reach out to 88 Partners.
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