Bitget Wallet has announced an integration with the Stellar blockchain network to enhance its stablecoin payment infrastructure, which includes crypto card services, QR payments, bank transfers, and on- and off-ramp functionality.
The rollout will occur in multiple phases, with regional availability contingent upon local payment integrations.
This collaboration aims to harness the benefits of Stellar’s rapid transaction processing and minimal fees to facilitate cross-border transactions, merchant payments, and consumer cash withdrawals within a self-custodial wallet setting. Additionally, Bitget Wallet users will gain access to the Stellar mainnet, allowing them to store, exchange, and transfer supported assets.
Infrastructure Strategy and Market Context
The integration is part of Bitget Wallet’s broader plan to establish an optimal payment infrastructure framework called the Onchain Payments Matrix. This initiative seeks to integrate settlement networks, stablecoin issuers, wallets, and payment networks to enable smoother digital value transfer across various financial systems.
This move follows Bitget Wallet’s recent expansion of its Mastercard crypto card service into 11 Latin American countries, underscoring the company’s strategic focus on embedding stablecoin payments in everyday financial activities across different regions. Stellar has already established itself as a key player in cross-border payment solutions, especially in emerging markets, through partnerships with financial institutions and stablecoin issuers.
Alvin Kan, COO of Bitget Wallet, noted that current financial infrastructure is fragmented across banks, card networks, and blockchains. He views the Stellar integration as a step towards improving coordination within these systems for practical cross-border transactions. Raja Chakravorti, Chief Business Officer of the Stellar Development Foundation, highlighted how this integration will extend Stellar’s capabilities directly into consumer-facing financial applications, thereby increasing the utility of stablecoins in payment and real-world scenarios.
