Bitget Wallet is expanding its services in Nigeria and Mexico with the introduction of a new Bank Transfer feature. This innovative service allows users to seamlessly convert popular stablecoins like USDT and USDC into local currencies, facilitating direct transfers to bank accounts. The source notes that this move is aimed at enhancing accessibility and convenience for users in these regions.
Licensed Payment Partners Enhance Service Reliability
Licensed payment partners will manage the settlement, enhancing the reliability of the service.
Bank Connections in Nigeria and Mexico
In Nigeria, the service supports over 45 banks, while in Mexico, it connects with more than 35 banks.
Stable and Efficient Option Amidst Currency Volatility
This offers users a stable and efficient option amidst ongoing currency volatility.
In a related development, Wirex Business has introduced a new feature that allows businesses to earn yield on their stablecoin deposits, enhancing their financial capabilities. For more details, see read more.
