Bitget Wallet Integrates Pix, Brazil’s $4.6 Trillion Payment System
Bitget Wallet, a non-custodial crypto pockets, has built-in Pix, Brazil’s prompt fee system, in partnership with native licensee Aeon, the agency introduced Thursday.
The transfer permits customers to pay instantly with self-custodied crypto by scanning any Pix QR code. Consumers can now spend USDT and USDC throughout main blockchains—together with BNB Chain, Ethereum, Solana, Tron, Ton, and Base—whereas retailers proceed to obtain funds seamlessly in Brazilian reais.
Pix’s Role in Brazil’s Financial System
Launched by the Central Bank of Brazil in 2020, Pix has grow to be the nation’s dominant retail fee methodology, reshaping how Brazilians transact day by day. More than 150 million individuals and hundreds of thousands of companies now use Pix nationwide.
In 2024 alone, the system processed 64 billion transactions price $4.6 trillion—up 53% year-over-year and 80% larger than the mixed whole of credit score and debit card funds, claims the agency.
“The integration of Pix marks a milestone for crypto adoption in Brazil,” mentioned Jamie Elkaleh, CMO of Bitget Wallet. “Our imaginative and prescient is to present customers the liberty to pay with crypto wherever, anytime, with out obstacles. By connecting to Pix, we’re bridging world digital belongings with Brazil’s vibrant real-time fee infrastructure, making on a regular basis crypto use as seamless as attainable.”
Expanding Real-World Use Cases
The Pix launch will construct on Bitget Wallet’s rising footprint in Brazil and Latin America. In August, the corporate launched its USD-based zero-fee crypto card, permitting stablecoin spending at greater than 150 million Mastercard-supported retailers worldwide.
Bitget Wallet mentioned it additionally integrates onramp and offramp providers, permitting customers to purchase or promote cryptocurrencies instantly throughout the app. These options reinforce its place as a complete self-custodial platform for each digital asset administration and on a regular basis spending.
Globally, the pockets helps QR-based crypto funds by means of its Solana Pay integration, in addition to nationwide QR code fee programs throughout Southeast Asia. The addition of Pix strengthens its imaginative and prescient of common crypto acceptance.
Bridging Digital Assets and Everyday Finance
Bitget Wallet’s integration with Pix underscores the convergence of blockchain and conventional finance in one of many world’s most lively digital economies.
By utilizing Pix’s scale and belief inside Brazil, Bitget Wallet is offering hundreds of thousands of customers with a direct pathway to spend stablecoins in actual life, additional accelerating mainstream crypto adoption.
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