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Bitget Wallet reveals PayFi strategy for bringing crypto into mainstream

Bitget Wallet reveals PayFi strategy for bringing crypto into mainstream
Bitget Wallet has announced its PayFi strategy, aiming to bring real-world payments to the blockchain and transform crypto into an everyday financial asset. PayFi is designed to simplify financial transactions, allowing users to earn, send, and spend money within a single ecosystem. The PayFi Flywheel feature turns crypto wallets into active financial ecosystems by allowing users to deposit assets and earn real-time yields. The Bitget Wallet Card, a Mastercard-supported crypto card, will facilitate global transactions with competitive exchange rates. Bitget Wallet is also partnering with various companies to create an in-app shopping ecosystem, enabling users to use crypto for everyday transactions. The platform plans to offer more flexible yield options and make Peer-to-Peer transfers more accessible. The strategy aims to empower underserved regions with accessible financial tools.

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