Back on January 8, crypto payment provider Wyre announced that it was forced to limit withdrawals to 90% of funds held by its customers.
In a recent post on its Twitter account, Wyre said that its users have access to 100% of their funds again thanks to a funding the company just received that allows it to regain some financial stability.
In trouble, the company also recently laid off 75 people in order to save as much money as possible to avoid going bankrupt, as has happened to several crypto companies (FTX, Celsius, BlockFi, Voyager Digital) in recent months.
Good news then for Wyre users who may however empty their accounts in fear that their funds will be blocked again in the future.
We are extremely excited to be building the future of global financial services with you,” Wyre said on Twitter.