Bitget Wallet integrates Stellar mainnet to expand stablecoin payment infrastructure

Foresight News reports that Bitget Wallet has announced a strategic partnership with the decentralized payment network Stellar and has integrated the Stellar mainnet to accelerate the daily use of stablecoins in cross-border and consumer scenarios.

This collaboration will be carried out in phases. Currently, Bitget Wallet has integrated the Stellar mainnet into payment products such as QR code payments, bank transfers, and deposit/withdrawal services. Users can make USDC payments and settlements via the Stellar network, and hold, swap, and cross-chain transfer Stellar network assets such as XLM, USDC, and PYUSD within the app. Bitget Wallet will also introduce an automatic XLM distribution tool to enhance user activation efficiency and lower the threshold for first-time use.

Stellar is a blockchain network designed for fast, low-cost cross-border payments and transfers. Several USD-compliant stablecoins have chosen to issue on Stellar. Currently, Stellar has partnered with payment giants such as Stripe, MoneyGram, U.S. Bank, Société Générale, Franklin Templeton, WisdomTree, PwC, Circle, and PayPal, and is deeply involved in discussions on U.S. stablecoin-related policies.