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Altcoins & DeFi

Bitget Wallet Brings USD and EUR Virtual Accounts, Converting Traditional Payments to Stablecoins

Image: CryptoPotato

Bitget is now bringing USD and EUR virtual accounts to over 100 million users, converting incoming bank transfers into stablecoins. Each new account comes with a personal USD or EUR account number, according to a press release shared with CryptoPotato . This means deposits can arrive through ACH, Fedwire, SEPA, or SWIFT and convert automatically to USDT or USDC inside the self-custodial wallet. The quote also leaves out a network fee for the stablecoin conversion. This is possible thanks to a partnership with Noah, a stablecoin payments provider that also offers Ledger’s cash-to-stablecoin product, which gives users EUR and USD accounts. Ethena’s Pay app offers similar fiat account numbers tied to self-custodial stablecoin wallets.

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