The company told Bitcoin.com News that the update allows users to send stablecoin-based payments directly to bank accounts in naira and peso without relying on peer-to-peer markets or centralized exchanges.

According to the release, the feature marks the first time a global crypto wallet has enabled direct stablecoin-to-bank transfers at scale in these two regions. It functions similarly to a mobile banking tool: users select a supported stablecoin, enter an amount, choose a bank account, and confirm.

Licensed partners handle fiat settlement through regulated payment channels to enable instant processing. The service covers more than 45 banks in Nigeria and over 35 in Mexico, supporting USDT and USDC transactions across BNB Chain, Ethereum, Solana, Tron, and Base.

Bitget explained to our newsdesk that the rollout targets markets where cryptocurrency is already used for payments, savings, and remittances. Chainalysis data is cited in the release, and it notes Nigeria’s annual onchain transaction volume at more than $90 billion, while Mexico accounts for over $70 billion.

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The new Bitget Wallet tool is designed to address long-standing friction that has made cashing out crypto slow or costly. In Nigeria, users often depend on peer-to-peer channels that may face liquidity gaps and shifting exchange rates. In Mexico, limited infrastructure and regulatory obstacles can slow conversions. The approach aims to automate the process, and the goal is to reduce risk by routing conversions through regulated partners.

Bitget executives said stablecoins are becoming more common in emerging-market transactions, and integrating them with local banking rails reflects that trend. The company said the feature will expand to additional regions and will sit alongside other tools such as crypto cards, QR code payments, and its in-app lifestyle marketplace. A zero-fee promotion accompanies the launch.

• What did Bitget Wallet launch in Nigeria and Mexico?
  A bank transfer tool that converts USDT and USDC directly to local bank accounts.
• How many banks are supported?
  More than 45 in Nigeria and over 35 in Mexico.
• Which stablecoins and networks are included?
  USDT and USDC across BNB Chain, Ethereum, Solana, Tron, and Base.
• Why is this feature notable for these markets?
  It streamlines crypto-to-fiat conversions in regions with high onchain activity and limited cash-out options.

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