Bitget, the leading cryptocurrency exchange and Web3 company, has partnered strategically with Fiat24, a Swiss-regulated fintech firm specializing in blockchain-powered banking solutions.
The collaboration is focused on developing PayFi solutions for major cryptocurrencies like Ethereum (ETH) and Bitget Token (BGB), as well as stablecoins such as USD Coin (USDC). The goal is to bridge traditional and decentralized financial systems, providing seamless, efficient, and secure payment options.
The press release, shared with DeFi Planet, highlights the company’s recent strides in the PayFi space, including the launch of Bitget Pay and Bitget Card. Bitget Pay facilitates instant, low-fee crypto payments, while the Bitget Card allows users to convert crypto into fiat for real-world transactions via a globally accepted debit card.
Fiat24, with its regulated Swiss-based payment system, offers a crypto-friendly offshore bank account paired with a Mastercard debit card, available in 65 countries and regions. The platform ensures transparency, security, and user ownership through its blockchain-driven approach.
Combining Bitget’s expansive crypto ecosystem with Fiat24’s cutting-edge infrastructure, the partnership seeks to drive the adoption of PayFi solutions and expand the use cases for ETH, BGB, and stablecoins globally.
“We are excited to collaborate with Fiat24 to advance crypto payments and simplify access to financial services for users worldwide, especially the unbanked,”
said Gracy Chen, CEO at Bitget.
“PayFi will be one of Bitget and BGB’s long-term strategies and a key approach to enhancing the real-world impact of crypto assets. Together with our partners, we envision a future where crypto payments become the norm.”
Meanwhile, Bitget recently partnered with Solayer to launch a liquid staking service for Solana (SOL). The new offering allows users to stake SOL tokens via BGSOL, a liquid staking token. BGSOL enables SOL holders to earn rewards while keeping their funds liquid, allowing participation in DeFi activities like trading and lending. “With BGSOL, we’re providing users with a flexible financial solution, unlocking new opportunities within the DeFi ecosystem,” said Chen.
If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.
“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
