Bitget Wallet adds bank-transfer stablecoin on-ramp in four Latin American markets

The rollout with alfred starts in Brazil, Argentina, Mexico and Colombia, letting users buy USDC and USDT through local payment rails such as Pix and SPEI.

USDT
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Summary

Bitget Wallet said it has partnered with alfred to let users in Latin America convert local currency into dollar-pegged stablecoins through standard bank transfers. The feature launches in Brazil, Argentina, Mexico and Colombia, where users can use domestic payment rails including Pix, CVU and SPEI to receive USDC or USDT directly in their Bitget Wallet accounts without using a card or separate third-party app. The company said the integration expands its Onchain Payments Matrix, a payments setup linking onchain and traditional finance, so users can fund balances, hold or earn yield, spend through the Bitget Wallet Card, pay merchants and send remittances. The announcement comes as stablecoin use in Latin America grows alongside inflation, currency volatility and capital controls; the release said regional stablecoin transaction volume reached $324 billion in 2025, up 89% from a year earlier.

Terms & Concepts
  • stablecoins: Digital tokens designed to track a fiat currency.
  • self-custodial: Users control their own wallet keys and assets.
  • on-ramp: A service that converts fiat money into crypto.