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.
Content Editor ( finbold.com )
- 2025-01-27
Bitget Wallet reveals PayFi strategy for bringing crypto into mainstream
