[Binance Pay Integrates with Japan's PayPay Merchants, Overseas Users Can Spend Over 100 Cryptocurrencies] According to a report by Cointelegraph on September 30, Binance Pay now allows eligible overseas visitors to Japan to spend over 100 cryptocurrencies at most PayPay-supported merchants in Japan through the HIVEX payment interoperability framework. Transactions are settled in Japanese yen on the merchant side. Binance Pay uses USDT as the backend settlement layer, with HIVEX handling clearing with PayPay, and PayPay subsequently paying merchants in yen. Binance describes this as the first crypto payment service integrated with PayPay merchants via HIVEX, requiring no separate activation by merchants. PayPay covers millions of terminals across Japan, including supermarkets, convenience stores, vending machines, taxis, and public transportation.