Bitget Wallet, a non-custodial crypto wallet, has recently announced its integration with Pix, Brazil’s instant payment system, in collaboration with local licensee Aeon. This innovative feature enables users to make payments directly in self-custodied cryptocurrency by simply scanning any Pix QR code. With this integration, Brazilian consumers can now spend USDT and USDC across multiple major blockchains, including BNB Chain, Ethereum, Solana, Tron, Ton, and Base. Merchants, on the other hand, will continue to receive payments effortlessly in Brazilian reais.
Launched by the Central Bank of Brazil in 2020, Pix has rapidly evolved into the nation’s predominant retail payment method, fundamentally transforming daily transactions for Brazilians. As of 2024, the system processed an impressive 64 billion transactions worth around $4.6 trillion, reflecting a staggering 53% year-over-year growth and an 80% increase compared to the combined total of credit and debit card payments.
Jamie Elkaleh, the Chief Marketing Officer of Bitget Wallet, stated, “The integration of Pix marks a milestone for crypto adoption in Brazil. Our vision is to give users the freedom to pay with crypto anywhere, anytime, without barriers. By connecting to Pix, we are bridging global digital assets with Brazil’s vibrant real-time payment infrastructure, making everyday crypto use as seamless as possible.”
To celebrate this integration, Bitget Wallet is offering new users a 50% cashback on their first payment through Pix, capped at 5 USDT, encouraging more individuals to engage with the system.
This launch is part of Bitget Wallet’s strategy to enhance its presence in Brazil and the broader Latin American market. The company had previously introduced a USD-based zero-fee crypto card in August, enabling stablecoin transactions at over 150 million Mastercard-affiliated merchants globally. Additionally, Bitget Wallet supports onramp and offramp services, facilitating the buying and selling of cryptocurrencies directly within the app, further solidifying its status as a comprehensive platform for digital asset management and everyday spending.
Globally, the wallet also supports QR-based crypto payments via its Solana Pay integration and has adapted to national QR code payment systems across Southeast Asia. The addition of Pix significantly strengthens Bitget’s mission of promoting universal crypto acceptance.
The integration of Pix with Bitget Wallet signifies a pivotal development in merging blockchain technology with traditional finance, especially within one of the globe’s most vibrant digital economies. By leveraging the scale and trust that Pix provides in Brazil, Bitget Wallet is paving the way for millions of users to utilize stablecoins in their everyday transactions, thereby accelerating the process of mainstream cryptocurrency adoption.
