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Bitget Wallet Tops 100 Million Users as Crypto Payments Overtake Trading

Bitget Wallet has surpassed 100 million users worldwide, a change in how people use crypto wallets as payments overtake trading activity for the first time.

The company said a growing number of users now rely on the wallet to receive money, make purchases, and transfer funds with stablecoins instead of using it mainly for crypto trading. More than half of its users are based in Southeast Asia, South Asia, Africa, and Latin America, where stablecoins are increasingly used for daily financial activities.

Payments become the main use case

Bitget Wallet said its payment ecosystem has expanded rapidly, with more than 150,000 Bitget Wallet Cards issued across over 50 markets. The cards are accepted by more than 150 million merchants worldwide.

Card spending reached $31 million during the first half of 2026, up 191% from the second half of 2025. Growth was even stronger in emerging markets, where spending increased 416% over the same period.

Users completed an average of 10 card payments each month, with an average transaction value of $28. The figures indicate that the cards are being used more for everyday expenses than occasional crypto purchases.

The company also reported that users in the United States, Europe, and Asia averaged between 10 and 14 monthly card transactions, while adoption in Latin America continues to grow from a smaller base.

Bitget Wallet expands beyond crypto trading

Bitget Wallet Chief Operating Officer Alvin Kan said users increasingly view the platform as a financial account rather than a trading wallet.

The company said it has spent the past two years expanding its payment infrastructure, including card services in more than 50 markets, QR payment support across Southeast Asia and Latin America, and direct bank integrations in countries such as Nigeria, Mexico, and Bangladesh.

In May, Bitget Wallet moved deeper into the tokenized RWA market after integrating xStocks infrastructure, allowing users to access more than 130 tokenized stocks and ETFs directly from its self-custodial wallet.

Why are emerging markets driving stablecoin adoption?

Bitget Wallet linked the rise in crypto payments to economic challenges in several developing countries.

The company pointed to Nigeria and Argentina, where local currencies lost significant value against the U.S. dollar, pushing more people toward stablecoins to protect their savings and move money across borders. It also noted that traditional remittance services into both countries typically charge between 5% and 8% per transfer.

In Southeast Asia and South Asia, the wallet said existing mobile payment systems have made it easier for users to adopt QR code payments and direct bank transfers through its platform.

 

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