Bitget Wallet expands stablecoin payments with Visa, Mastercard, and Ripple integration
Summary
Bitget Wallet has introduced its Onchain Payments Matrix, a global infrastructure layer designed to facilitate stablecoin payments for everyday transactions and cross-border transfers by bridging blockchain assets with traditional finance. The system integrates major entities like Ripple, Mastercard, Visa, Tether, Circle, and MoonPay. Unlike backend-focused solutions, Bitget's infrastructure operates at the user and merchant interface, allowing stablecoins to be used as practical payment instruments. The network connects approximately 90 million users to over 150 million merchants in more than 50 markets, supporting high-throughput transactions. Bitget Wallet COO Alvin Kan stated the system aggregates fragmented payment rails and simplifies blockchain complexity. Beyond card payments, it supports QR payments in Asia and Latin America and cross-border bank transfers. Future plans include integrating more settlement networks and developing infrastructure for AI-driven commerce.
(Source:Crypto Briefing)