Bitget Wallet is making waves in the Brazilian crypto market with its latest partnership with Aeon. The collaboration aims to integrate Brazil's instant payment system, Pix, into Bitget's non-custodial crypto wallet, enhancing the payment experience for users. The publication provides the following information:
Integration of Self-Custodied Cryptocurrencies
With this integration, users can now make payments using self-custodied cryptocurrencies simply by scanning any Pix QR code. This feature allows consumers to spend popular stablecoins like USDT and USDC across major blockchains, providing a seamless transaction experience.
Benefits for Merchants
Merchants, on the other hand, will benefit from receiving settlements in Brazilian reais, making it easier for them to adopt cryptocurrency payments. This strategic move is viewed as a significant advancement in embedding cryptocurrency into Brazil's retail payment landscape, positioning stablecoins as formidable competitors to traditional credit and debit networks in a rapidly expanding payments market.
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