Binance introduces USD deposits and withdrawals through licensed BPay Global, enhancing fiat-crypto integration with regulated multi-channel payment access.
Binance officially announced direct USD deposits and withdrawals through BPay Global, a regulated Binance Group entity licensed by the Central Bank of Bahrain. The service supports individual and business accounts with funding options including SWIFT, bank cards, Apple Pay, and Google Pay. Users are subject to a $50 million daily transaction limit, with individual caps of up to $13 million. A limited-time promotional conversion rate of 1 USD to 1 USDC is also available, aiming to streamline fiat-crypto transactions under regulatory compliance.