Bitget Wallet, the leading non-custodial crypto wallet, has launched Stablecoins Bank Transfer in Nigeria and Mexico for users’ ease. The purpose of this launch is to provide users with enough facilities to convert $USDT and $USDC instantly into local currency, i.e., naira and peso. It is for the first time in a global crypto wallet that people can easily use these cryptocurrencies in real-world matters.
Through this initiative, Bitget Wallet is bridging $160 billion in crypto activity. This announcement is more useful for the global users and seamlessly able to make the payments while purchasing, sending to friends and family, or also make the settlement of bills directly from their wallet. While using these cryptocurrencies, there is no need for any connectors or platforms that convert the digital currencies into traditional money.
Bitget Wallet Unveils Instant USDT/USDC Bank Transfers across Major Networks
The new Bank Transfer features help users to directly connect with their bank account, working like a mobile app for the transfer of payments, and make multiple transactions at the same time without delay. Furthermore, there is no involvement of any peer-to-peer (P2P) system for the conversion of currencies. Although there is a strong team behind the scenes to instantly convert and manage fiat conversion seamlessly.
By the time Bitget Wallet is efficiently providing its advanced services in Nigeria, over 45 Banks and 35+ Banks in Mexico are offering a wide coverage and instant settlement within minutes. The feature supports $USDT and $USDC across prominent networks like BNB Chain, Ethereum, Solana, Tron, and base networks.
The merging of crypto payments with traditional payments sorts out many problems in a second and opens many opportunities for making transactions easy and at the tip. Moreover, this makes crypto spending easy with real-world purchases and gives a quick response without any delay. Users can freely spend cryptocurrency in daily life, which makes spending, moving, and storing assets easy without the huge change in value amid inflation and volatility.
Introducing One-Tap Stablecoin Transfers for Seamless Payments
According to Chainalysis, Nigeria still retains its position as the largest crypto market in Africa. Moreover, accounting regions have on-chain activity with more than $90 billion in annual transaction value. Furthermore, in Latin America, Mexico recorded more than $70 billion in on-chain volume over the same period.
In Nigeria, most people depend on the P2P platforms for the conversion of Cryptocurrencies into local money, but this is highly risky, slow, and costly. On the other hand, in Mexico, there are limited infrastructures developed to meet the requirements of users. In this scenario, Bitget Wallet makes instant automated processes and compliant one-tap conversions.
Jamie Elkaleh, CMO of Bitget Wallet, said, “Nigeria and Mexico together process more than $160 billion in annual on-chain volume. Bringing instant stablecoin payments directly into their banking systems makes self-custody more practical, more usable, and increasingly aligned with how people pay today.”
Interview Section
While covering this exclusive news, we asked Jamie a few questions that elaborated the contextual background of this initiative and the Bitget’s vision for this launch. During the interaction, he made it clear how this integration is going to revolutionize payments at the global level by streamlining crypto in our traditional finance.
Q. What inspired Bitget Wallet to bring instant stablecoin-to-bank transfers to Nigeria and Mexico?
Ans. We’re building Bitget Wallet to be a wallet that works for everyone, which means supporting the payment methods people already use in their daily lives. In Nigeria and Mexico, bank transfers are central to how people pay merchants, share money with family, and manage day-to-day finances. At the same time, stablecoins have become a practical tool for holding value and receiving income, yet users still had to rely on multiple platforms to bring those funds into their bank accounts.
Adding Bank Transfer is our way of closing that gap. It gives users another familiar way to use the assets they already hold, whether they’re paying locally, settling bills at home, or traveling and need a flexible way to move value. With licensed partners connected to over 80 banks across both markets, we were able to turn a common request from users into a simple, direct feature inside the wallet.
Q. How does this new Bank Transfer feature make crypto conversions safer and faster for everyday users?
Ans. Most users today rely on informal or semi-manual methods to convert stablecoins to local currency — typically through P2P marketplaces, messaging groups, or multi-step exchange flows. These approaches can work, but they come with delays, inconsistent pricing, and the uncertainty of dealing with unknown counterparties.
Bank Transfer replaces that entire process with a single, automated flow inside the wallet. Instead of negotiating or waiting for a match, users simply enter the amount and select their bank. Our licensed partners handle the conversion and settlement within the regulated payment networks of Nigeria and Mexico, which means transfers clear in seconds.
The safety improvement is straightforward: we cut the intermediaries, manual coordination, and exposure to price fluctuations between steps. The speed improvement comes from routing settlement directly through local banking rails rather than peer-based networks. For the user, the experience is as familiar as sending a normal bank payment, which is what many people in these markets use daily.
Q. What impact do you expect this integration to have on real-world crypto payments globally?
Ans. The broader significance is that it adds a payment method people already understand. In many emerging markets, bank transfers are the primary way individuals pay merchants, settle bills, or move money between accounts. By letting stablecoins move directly into those same rails, we’re introducing crypto in a way that fits into established habits rather than asking users to adopt a new behavior.
This matters especially in regions where cross-border income is common, or where local currency stability is a concern. A worker receiving stablecoins from overseas can now settle funds into their bank account immediately. A merchant who prefers digital dollars can still pay local suppliers through their bank. These are everyday scenarios that become easier the moment the two systems — on-chain and traditional — can speak to each other.
Long-term, we see this as one part of a larger trend: wallets evolving into everyday finance apps. As more markets gain similar integrations, people will have more flexibility in how they move value across borders, networks, and currencies. The impact is cumulative — each new connection point makes crypto more practical for the next group of users.