Bitget Wallet is bringing crypto payments to Brazil’s $4.6 trillion Pix system through its integration with the country’s national instant-pay network. This means people can now pay at any store or business that accepts Pix by simply scanning a QR code. Instead of paying with a bank account, they use stablecoins like USDT and USDC stored in their Bitget Wallet.

This major move by Bitget Wallet could mark a pivotal shift in Brazil’s emerging crypto market, as it combines digital assets with one of the nation’s most widely used financial systems.

Pix, A Major Player in Brazil’s Financial System

Pix, launched by the Central Bank of Brazil in 2020, has quickly become the country’s dominant retail payment method, reshaping how Brazilians transact. More than 150 million people and millions of businesses across the country now use Pix. In 2024 alone, it processed 64 billion transactions worth $4.6 trillion — more than the combined total of credit and debit card payments.

By integrating with Pix, Bitget Wallet is bridging the gap between digital assets and traditional payments, enabling everyday crypto use for dining, shopping, bills, and peer-to-peer transfers. With Pix being one of the world’s most active financial ecosystems, this could accelerate crypto adoption across Brazil.

The process is simple: users pay with crypto, Bitget instantly converts it into reais, and merchants receive payment in local currency in real time. This ease of use underpins Bitget Wallet’s strategy to push real-world crypto adoption.

Expanding Globally With Meaningful Cases

The Pix integration strengthens Bitget Wallet’s growing footprint in Brazil and Latin America. In August, the company launched a zero-fee crypto card for global use at Mastercard merchants.

Bitget has also integrated on/off-ramps within its wallet app, allowing users to buy and sell crypto directly. Together, these features position the wallet as a versatile self-custodial hub for both managing digital assets and enabling everyday spending.

Globally, the wallet supports QR-based payments through Solana Pay, along with integrations into national QR code systems across Southeast Asia. These developments align with Bitget’s vision of universal crypto acceptance, while keeping the process simple and consumer-friendly.

Pix Bridging Digital Assets and Traditional Finance

Pix, as Brazil’s major payment platform, now supports crypto transactions through Bitget Wallet, allowing users to invest and spend crypto seamlessly in their daily lives. This not only makes transactions easier for consumers but could also boost Brazil’s broader economy and potentially influence financial systems across Latin America.

Pix also plays a role in shifting traditional financial institutions toward digital asset adoption, accelerating the transformation of Brazil into a leader in crypto integration.