Bitget Wallet debuts stablecoin payments infrastructure integrating with Ripple, Mastercard, Tether, and others

Bitget Wallet introduced the Onchain Payments Matrix, a new infrastructure designed to bridge stablecoins with both traditional finance and blockchain networks. This system integrates major entities including Ripple, Mastercard, Visa, Tether, Circle, and MoonPay, aiming to connect users with over 150 million merchants across 50 markets. The self-custodial platform, serving over 90 million global users, positions this matrix as the layer connecting issuers, banks, card networks, and merchants to streamline stablecoin payments for consumer, cross-border, and emerging financial applications. Unlike institutional settlement layer programs, Bitget Wallet's solution operates directly at the user and merchant interface, supporting QR payments at 2.5 million merchants in Asia and Latin America, addressing fragmentation across various financial systems.

(Source：The Block)