Bitget and Fiat24 Forge a Strategic Partnership to Advance PayFi Solutions for Ethereum (ETH), Bitget Token (BGB), and Stablecoins

The collaboration focuses on exploring PayFi solutions for major cryptos like Ethereum (ETH) and Bitget Token (BGB), as well as stablecoins such as USD Coin (USDC).

Cryptocurrency exchange Bitget has announced a partnership with Fiat24, a Swiss-regulated fintech company, to explore PayFi solutions for major cryptos like Ethereum (ETH) and Bitget Token (BGB), as well as stablecoins like USD Coin (USDC).

The partnership will see the companies work together to expand the use cases for ETH, BGB, and stablecoins, and drive accessibility and adoption of PayFi solutions globally.

Together, they aim to provide seamless, efficient, and secure payment solutions that bridge traditional and decentralized financial ecosystems.

Bitget has recently made significant progress in the PayFi space with the launch of services such as Bitget Pay and Bitget Card. Bitget Pay enables low-fee, instant crypto payments, while the Bitget Card allows users to seamlessly convert crypto into fiat for real-world transactions using a globally accepted debit card.

Fiat24, on the other hand, offers a regulated Swiss-based payment system to users across 65 countries and regions, providing access to a crypto-friendly Swiss offshore bank account paired with a Mastercard debit card.

This blockchain-driven approach ensures transparency, security, and user ownership.

"We are excited to collaborate with Fiat24 to advance crypto payments and simplify access to financial services for users worldwide, especially the unbanked,” said Gracy Chen, CEO at Bitget.

“PayFi will be one of Bitget and BGB's long-term strategies and a key approach to enhancing the real-world impact of crypto assets. Together with our partners, we envision a future where crypto payments become the norm.”