Bitget Wallet Gives Users USD and EUR Account Numbers That Convert Deposits to Stablecoins

Image: Unchained
Bitget Wallet , the self-custodial crypto wallet, is giving its users personal USD and EUR account numbers that can take in bank transfers, with the money converted on arrival into USDT or USDC . Stablecoin payments provider Noah supplies the account numbers, the company said in a press release on Tuesday. The feature, called Virtual Account, accepts incoming transfers over ACH, Fedwire, SEPA and SWIFT starting today. Sending money out is not live yet; Bitget Wallet said in the release that outbound transfers are planned “for the coming months.” Opening an account is free, and the company said no local residency is required. Because deposits are swapped into stablecoins, users end up holding USDT or USDC in the wallet rather than dollars or euros at a bank.
Read the full story on UnchainedBeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Unchained.







