In a significant step towards enhancing everyday financial operations in emerging markets, Bitget Wallet is launching its PayFi Odyssey initiative on the Stellar network. Designed to make cryptocurrencies more integral to daily financial activities, this effort aims to bridge the gap between digital assets and everyday spending, particularly in regions like Asia, Africa, and Latin America, where crypto adoption is rapidly increasing.
PayFi Odyssey will roll out in phases through July and includes a substantial $300,000 incentive program aimed at encouraging ongoing usage across a variety of payment scenarios. Users will be rewarded for engaging in activities such as using a crypto card, scanning QR codes, or executing on-chain fund transfers. The rewards will be distributed based on users’ levels of activity and engagement.
A key aspect of this initiative is the “Crypto Survival Plan,” which documents real-world usage of crypto across different regions, examining how individuals manage their digital assets in daily transactions. This initiative builds on Bitget Wallet’s previous integration with Stellar, expanding their Onchain Payments Matrix. This coordination layer connects various blockchains, banks, and payment networks, facilitating unified stablecoin settlements. Stellar will act as one of several underlying networks, enabling fast, low-cost transactions alongside other systems.
The launch comes at a time when stablecoin activity is experiencing a noteworthy surge. Recent statistics indicate that while stablecoin transaction volume reached approximately $35 trillion in 2025, only about 1%—or around $390 billion—of this volume is associated with actual payments for goods and services. The majority of this activity remains within trading and large-value transfers, although emerging markets are gradually narrowing this gap as stablecoins become increasingly utilized for mobile-first and peer-to-peer transactions.
“Stablecoin activity has scaled rapidly, but much of it remains concentrated in large-value transfers rather than daily transactions,” highlighted Alvin Kan, COO of Bitget Wallet. He emphasized that their objective is to simplify the daily use of digital assets. The expansion of payment infrastructure on Stellar will help connect previously fragmented systems and facilitate everyday use of cryptocurrencies.
Raja Chakravorti, Chief Business Officer at the Stellar Development Foundation, echoed this sentiment, stating that Stellar was designed to support fast, low-cost global financial transactions. He believes that Bitget Wallet is effectively bringing this capability into consumer-focused applications, broadening the scope of stablecoins’ usage in real-world financial contexts.
Bitget Wallet, which serves over 90 million users worldwide, offers an all-in-one platform for swapping and earning cryptocurrencies, as well as for making payments with stablecoins through its crypto cards. Emphasizing security, the app operates as a fully self-custodial wallet, ensuring that users retain control over their funds, private keys, and data. Transactions are executed on public blockchains, with a strong backing of advanced security measures and a $300 million user protection fund.
As the cryptocurrency landscape evolves, Bitget Wallet’s initiatives are poised to play a crucial role in integrating digital assets into everyday financial practices, particularly in regions where traditional banking services remain limited. Users seeking more information about the initiative can visit the Bitget Wallet website.
