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Bitget Wallet Integrates Pix, Brazil’s $4.6 Trillion Payment System
Yahoo Finance· 2025-09-18 12:52
Core Insights - Bitget Wallet has integrated Pix, Brazil's instant payment system, allowing users to pay with self-custodied crypto by scanning Pix QR codes [1][3] - Pix has become Brazil's dominant retail payment method, processing 64 billion transactions worth $4.6 trillion in 2024, marking a 53% year-over-year increase [2] - The integration aims to enhance crypto adoption in Brazil by providing users with seamless spending options using stablecoins like USDT and USDC [3][5] Company Developments - Bitget Wallet's integration with Pix is part of its strategy to expand its presence in Brazil and Latin America, following the launch of a USD-based zero-fee crypto card [3][4] - The wallet also offers onramp and offramp services, enabling users to buy or sell cryptocurrencies directly within the app, reinforcing its position as a comprehensive self-custodial platform [4] - The integration with Pix enhances Bitget Wallet's vision of universal crypto acceptance, bridging digital assets with traditional finance [5]