Bitget Wallet Expands Crypto Payments to Ecosystem Tokens and Memecoins - Coin Edition

Bitget Wallet Expands Crypto Payments to Ecosystem Tokens and Memecoins

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Bitget Wallet Expands Crypto Payments to Ecosystem Tokens and Memecoins
  • Bitget Wallet now supports 40+ assets for payments, including regional stablecoins and memecoins.
  • Users can pay with supported tokens directly, without manually swapping assets or bridging networks.
  • The firm plans to add thousands more tokens, aiming to make more crypto assets usable in daily spending.

Bitget Wallet has expanded its payment infrastructure to support a wider range of onchain assets for everyday spending. Users can now make payments with ecosystem tokens, regional stablecoins, and memecoins across more than 50 markets.

The move aims to address one of crypto’s longstanding challenges. Many users hold a variety of digital assets, but payment options are often limited to a small number of supported tokens.

Payment Support Expands Beyond Major Cryptocurrencies

Bitget Wallet’s payment network previously supported major digital assets such as Tether (USDT), USD Coin (USDC), Ethereum (ETH), POL, SOL, BNB, and BGB.

With the latest expansion, the wallet now supports more than 40 tokens for payments. These include regional stablecoins such as BRZ, which is pegged to the Brazilian real, and XSGD, which tracks the Singapore dollar on the Polygon network.

The rollout also includes ecosystem tokens and memecoins, such as Shiba Inu (SHIB) on BNB Chain. According to Bitget Wallet, support for thousands of additional tokens across more blockchain networks is expected in the coming months.

Onchain Payments Matrix Handles Asset Conversion

Payment routing is powered by Bitget Wallet’s Onchain Payments Matrix. The infrastructure layer connects tokens, blockchain networks, and payment rails across more than 10 blockchains.

The system supports Bitget Wallet Card top-ups and QR-code payments using ecosystem tokens and regional stablecoins, eliminating the need for manual asset conversions or token bridging. Bitget Wallet said more assets and blockchain integrations are planned as the expansion continues. 

Turning More Crypto Assets Into Spendable Money

Bitget Wallet said the initiative is designed to address a major gap in the digital asset market. While the global crypto market is worth about $2.4 trillion, the stablecoin sector, valued at roughly $315 billion, accounts for most real-world crypto merchant payments.

As a result, thousands of crypto assets have limited utility in everyday transactions despite their combined market value.

Alvin Kan, Chief Operating Officer of Bitget Wallet, said users should be able to spend the assets they already own rather than being restricted to a small group of payment-supported tokens. He said expanding support to thousands of onchain assets is a step toward making self-custodial finance more useful for everyday activities, not just storing or trading digital assets.

Meanwhile, Marc Boiron, CEO of Polygon Labs, said the Polygon network was built to support payment volumes at scale. He added that making thousands of onchain assets spendable in the real world could help move crypto beyond its role as a store of value and toward broader everyday use.

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