Bitget Wallet’s partnership with Coinpal enables crypto payments at 6,000+ merchants through instant fiat conversion. This solves the volatility problem by settling transactions in local currency while maintaining blockchain settlement.
The system uses zero-knowledge proofs to verify payment authenticity without exposing wallet details. Merchants report increased international sales despite regulatory fragmentation across jurisdictions.
Privacy advocates express concerns about transaction tracing capabilities in such systems. However, most users prioritize convenience, driving adoption of these hybrid fiat-crypto payment rails among mainstream retailers.
