Scroll Top

Bitget Wallet Introduces Onchain Payments Platform With Ripple and Tether Support


Bitget Wallet connects stablecoins to global merchants, pushing real-world crypto payments and cross-border use cases.

Bitget Wallet rolled out its Onchain Payments Matrix on Wednesday, aiming to connect stablecoins with both card rails and blockchain networks. The company said the live infrastructure links users to Ripple, Mastercard, Visa, Tether, Circle, and MoonPay. It also targets payments across traditional and crypto liquidity paths.

Latest Move Pushes Stablecoins Into Everyday Payments With Global Merchant Reach

Bitget Wallet’s statement to The Block described the network as an infrastructure layer that connects issuers, banks, card networks, liquidity providers, and merchants. The goal is to move stablecoin value through consumer purchases. 

More so, it includes cross-border transfers and emerging agent-driven finance use cases. The wallet positions the system as operating at the user-merchant interface rather than in the institutional settlement layer.

The platform supports QR payments at more than 2.5 million merchants in Asia and Latin America. Bitget Wallet added that its integrations reach over 150 million merchants across 50 markets. 

Bitget Wallet Targets Fragmented Payments With New Onchain Matrix

The app also claims to serve more than 90 million users worldwide and offers a self-custodial way to send, spend, save, and invest in digital assets.

Bitget Wallet said the on-chain payments matrix is designed to reduce fragmentation across banking systems, regional payment networks, and disconnected blockchain ecosystems. 

It pointed to the growing role of stablecoins in payments, citing annual global stablecoin activity above $33 trillion. It also referenced a total stablecoin supply of $298.9 billion, led by Tether’s USDT at $184 billion and Circle’s USDC near $80 billion.





Source link

bitcoin

Bitcoin (BTC)

$ 70,774.00
ethereum

Ethereum (ETH)

$ 2,149.74
tether

Tether (USDT)

$ 0.999526
bnb

BNB (BNB)

$ 641.31
xrp

XRP (XRP)

$ 1.40
usd-coin

USDC (USDC)

$ 0.999906
solana

Solana (SOL)

$ 90.78
tron

TRON (TRX)

$ 0.314895
staked-ether

Lido Staked Ether (STETH)

$ 2,265.05
dogecoin

Dogecoin (DOGE)

$ 0.094366
cardano

Cardano (ADA)

$ 0.266024
chainlink

Chainlink (LINK)

$ 9.23
stellar

Stellar (XLM)

$ 0.175562
avalanche-2

Avalanche (AVAX)

$ 9.54
sui

Sui (SUI)

$ 0.950997
shiba-inu

Shiba Inu (SHIB)

$ 0.000006
the-open-network

Toncoin (TON)

$ 1.31
polkadot

Polkadot (DOT)

$ 1.33
gems-vip

Gems VIP (GEMS)

$ 0.010608

Add Comment