Bitget wallet integrates Brazil’s PIX to entable crypto payments in Reais 

Bitget Wallet, a non-custodial cryptocurrency wallet, has integrated PIX, Brazil’s quick payment system, allowing users to pay immediately using self-custodied cryptocurrencies like USDT and USDC by scanning PIX QR codes, according to a company press release sent to Invezz on Wednesday.

The tool, developed in collaboration with local licensee Aeon, allows users to spend stablecoins on major blockchains such as BNB, Ethereum, Solana, Tron, Ton, and Base.

Meanwhile, merchants continue to receive payments in Brazilian reais without issue, according to the business.

PIX’s rapid rise in Brazil

The Central Bank of Brazil introduced PIX in 2020, and it has quickly become the country’s most popular retail payment option.

According to the press release, the system is now integrated into daily life, with over 150 million people and numerous companies nationwide utilising it.

In 2024 alone, PIX completed 64 billion transactions worth $4.6 trillion, a 53% rise over the previous year and 80% more than the number of credit and debit card payments.

Bitget Wallet users who connect to PIX can now pay with cryptocurrencies at restaurants, shops, and in peer-to-peer transfers quickly, without the need for a bank account or intermediaries.

According to the firm, transactions settle in seconds and are available 24 hours a day, seven days a week.

A step toward everyday crypto adoption

“The integration of PIX marks a milestone for cryptocurrency adoption in Brazil,” said Jamie Elkaleh, Bitget Wallet’s Chief Marketing Officer, in a statement.

“Our objective is to provide people with the freedom to pay using cryptocurrency anywhere, at any time, and without limitations. By linking to PIX, we are integrating global digital assets to Brazil’s thriving real-time payment infrastructure, making everyday crypto use as smooth as feasible.”

The connection demonstrates Bitget Wallet’s goal to expand beyond digital asset storage to real-world payments.

According to the press announcement, the wallet is marketing itself as a comprehensive self-custodial platform for digital asset management and daily spending.

Expanding presence in Latin America

The PIX launch complements Bitget Wallet’s broader expansion into Brazil and Latin America.

In August, the business launched a USD-based zero-fee crypto card that allows users to spend stablecoins globally at over 150 million Mastercard-supported merchants.

The firm intends to provide a comprehensive solution for managing and spending crypto assets, including integrated on-ramp and off-ramp services that allow users to buy and sell cryptocurrencies directly from within the wallet.

According to the press announcement, Bitget Wallet already allows QR-based payments globally through its Solana Pay integration and in Southeast Asia via national QR code networks.

The business stated that the addition of PIX in Brazil reinforces its objective of universal cryptocurrency acceptance.

Company profile and security measures

Bitget Wallet, which claims to have over 80 million users, offers a comprehensive range of cryptocurrency services, including token swaps, market data, staking, rewards, decentralised app exploration, and payment solutions.

According to the press announcement, the wallet supports over 130 blockchains and millions of tokens, allowing for multi-chain trade via hundreds of decentralised exchanges and cross-chain bridges.

The corporation also stressed security, highlighting its $300 million user protection fund, which is designed to secure assets.

Its declared vision is “Crypto for Everyone,” intending to make digital currencies more accessible, secure, and integrated into one billion people’s daily lives.

Outlook

Bitget Wallet aims to place itself at the nexus of digital assets and Brazil’s rapidly expanding payment industry by tying its crypto wallet directly to PIX.

Given PIX’s reach among both customers and merchants, the integration could serve as a test example for how stablecoins and blockchain-based payments can coexist with traditional financial infrastructure.

The company described the development as a significant step toward widespread crypto adoption in Latin America’s largest economy.

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