Bitget Wallet integrates Solana Pay, enabling decentralised USDC payments
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Bitget Wallet integrates Solana Pay, enabling decentralised USDC payments

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Birget Wallet is working on its efforts to bring crypto payment options to users in Southeast Asia and Latin America. As part of these endeavors, it has integrated Solana Pay into its features. This means users will be able to make payments in the SOL coin using their services.

The integration process is specially designed to meet the needs of these markets, as it supports the use of Solana Pay QR codes. The transactions are instant, and the wallet charges a small fee since it doesn’t use the services of any third party.

Bitget Wallet Statement

Bitget Wallet has issued an official statement about this new feature and its purpose. Their user base is already very tech-savvy, and they’ll easily adapt and integrate the new features into their day-to-day payment needs.

“Our mission is to make crypto useful in everyday life — not just to hold or trade, but also to spend,” said Alvin Kan, COO of Bitget Wallet. “By integrating Solana Pay, we give users a fast and affordable way to use crypto globally. Combined with features for trading, staking, and DApp exploration, Bitget Wallet is becoming a true all-in-one platform for Solana and beyond.”

What’s Solana Pay?

Solana Pay is a decentralised payment protocol built on the Solana blockchain. It supports SOL, SPL Tokens, such as USDC, and other stablecoins. These are accepted as a payment option in online businesses, ranging from the best crypto casinos to shipping and e-commerce businesses.Crypto payments are especially well suited to casinos, as most casinos allow for anonymous payments. Casinos also offer a wide variety of games based on luck, such as slots, which require micropayments. 

Stablecoins, in particular, are being used more widely than ever before. These digital assets aren’t as volatile as cryptocurrencies, as their value is based on the value of fiat money; however, they offer the anonymity and ease of transfers that cryptos have. By including them in its wallet services, Bitget Wallet is expanding its offerings.

Partnership with Venta

The integration of Solana was done via a partnership with Venta. It’s a Solana-based payment provider that connects users and merchants accepting Solana payments using blockchain technology. The CEO and founder of Venta expressed his satisfaction with the newly found partnership.

People everywhere deserve modern payments that don’t drain their pockets. Helping Bitget Wallet integrate Solana Pay for its millions of users demonstrates that open, composable rails are the answer, enabling any wallet, merchant, or developer to tap into instant, low-cost transactions with just one integration. Together, Venta and Bitget Wallet are making that a reality,” K, Venta.

2025 “PayFi”

This initiative is part of a broader 2025 PayFi plan established by Bitget Wallet. It outlines a year-long strategy to integrate crypto payments into their Web 3.0 infrastructure. This is achieved by removing third-party intermediaries and establishing decentralised protocols.

Bitget Wallet has shared its vision for future efforts with the public, and broadly speaking, it’s about creating a product that’s more than just a trading and transaction platform. The goal is to integrate the product into general economic activity, making the wallet a one-stop app for all financial transactions.

Additional Features

The wallet relies on support from the Solana blockchain, which provides it with a variety of additional features. These include direct trading, staking options, and support for gas fees. Bitget Wallet users can also access a built-in rent refund tool to reclaim unused SOL rent.

The complexity and diversity of these features showcase the ambitious nature of the Bitget Wallet. It aims to be a full-featured gateway for online transactions, particularly in the use of cryptocurrencies and stablecoins. It’s a long way to that goal, but efforts are being made. It’s also important to note that such an effort targets a smaller niche of very tech-savvy users in particular.

How’s Solana Doing in the Market?

Solana is trading at $144.50 at the time of this writing. It’s down approximately 3% when compared to the previous 24 hours. SOL is experiencing a dip, as is the case with most cryptocurrencies, due to geopolitical reasons beyond the market’s control.

However, the long-term outlook remains very positive, as the introduction of the Solana ETF promises that the coin will soon rise in value, as has been the case with all cryptocurrencies that have established their ETFs.

To Sum Up

Bitget Wallet has integrated Solana payments into its services. It will enable users in South America and Southeast Asia to utilise their services, including making payments in Solana. The company has broad plans to provide financial services for high-tech users, ranging from transactions to staking and access to decentralised exchanges.

This is happening while Solana is experiencing a slight dip, but it’s awaiting its own ETF on the stock market. The timing is, therefore, well-chosen, and the areas in which the company operates are in need of more crypto services, as users don’t have access to them and have the money to send.

 

 

 

 

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