Bitget Wallet has partnered with payment platform Coinpal to enable cryptocurrency payments at over 6,000 online merchants through its PayFi ecosystem. The integration comes alongside Bitget’s listing of Ripple’s regulated RLUSD stablecoin, marking a strategic push into real-world crypto utility.
The collaboration leverages Coinpal’s Paydify network, allowing users to purchase virtual goods ranging from gaming assets to digital subscriptions. This expansion follows Bitget’s 2025 roadmap emphasizing financial inclusion through its Mastercard-powered crypto card and yield-generating wallet features.
Bitget’s PayFi Ecosystem Takes Center Stage
The wallet provider’s 2025 strategy focuses on three core pillars:
- Real-time yield generation offsetting transaction fees
- Physical/virtual Mastercard integration
- Merchant plugins for seamless crypto payments
Regional growth metrics demonstrate surging adoption:
Region | 2024 Growth |
---|---|
Africa | 1000%+ |
Middle East | 850% |
Latin America | 920% |
Strategic partnerships with Amazon and Apple enable mobile credit top-ups and QR-code payments at retail locations, bridging Web3 and traditional finance.
Coinpal’s Merchant Network Expansion
The Paydify-powered integration targets three key verticals:
- Digital gaming marketplaces (IGVault)
- Software-as-a-Service platforms
- Content subscription services
Coinpal’s compliance infrastructure supports 47 fiat currencies and meets KYC/AML requirements across 135 countries. The platform processed $2.8B in crypto payments during Q1 2025 according to internal metrics.
RLUSD Stablecoin Enters Competitive Arena
Ripple’s dollar-pegged asset brings:
- Monthly attestations from Big Four auditor
- Regulatory approval in 38 jurisdictions
- Zero-gas fee transactions on XRP Ledger
Bitget now supports RLUSD trading across 12 pairs including BTC/RLUSD and ETH/RLUSD. The exchange plans to add margin trading and staking options by Q3 2025.
The partnership arrives as stablecoin transaction volume reaches $7.4T year-to-date according to CoinMarketCap data. Analysts predict RLUSD could capture 8-12% of the regulated stablecoin market within 18 months.
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- PayFi
- Bitget’s integrated financial ecosystem combining decentralized yields with traditional payment rails.
- RLUSD
- Ripple-issued stablecoin collateralized 1:1 with US dollars and cash equivalents.
- Non-Custodial Wallet
- Cryptocurrency storage solution where users control private keys without third-party custody.
- DeFi
- Decentralized financial applications built on blockchain networks without intermediaries.