Bitget Wallet says stablecoins can match Pix-style cross-border payment speed

Bitget Wallet, a self-custodial wallet, said blockchain-based payments and stablecoins can handle cross-border transfers almost as quickly as domestic instant-payment systems such as Brazil's Pix, pointing to demand in Latin America for remittances, overseas freelance income and dollar-denominated savings in markets facing currency depreciation. Speaking at Blockchain.RIO, COO Alvin Kan also outlined the Onchain Payments Matrix, an infrastructure layer intended to connect blockchains, stablecoin issuers, card networks and merchants, and highlighted Assetback, a crypto card feature that offers rewards in Bitcoin, tokenized gold, NYSE-listed stocks or stablecoins, reflecting a broader push to bring tokenized assets into everyday spending. The company said its wallet supports conversion from over 100 currencies into stablecoins, works with over 300 banks and 130 blockchains, and can access local systems including Pix, Argentina's Transferencias 3.0, Mexico's SPEI and Colombia's Bre-B, often at zero or reduced fees.

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