Bitget Wallet Launches USDT Bank Transfer in Nigeria and Mexico, Connecting Stablecoins to Local Banks

Bitget Wallet has rolled out a new Bank Transfer feature in Nigeria and Mexico, enabling users to convert USDT and USDC into local fiat and settle to bank accounts securely and rapidly. The service supports on-ramps and off-ramps using USDT/USDC on the BNB Chain, Ethereum, Solana, Tron, and Base networks, with settlements typically reaching bank accounts within seconds.

Official information indicates the service has integrated with more than 45 banks in Nigeria and over 35 banks in Mexico. Bitget Wallet CEO Karry Cheung described the rollout as a strategic expansion of the PayFi solution into emerging markets, driving interoperability between stablecoins and traditional banking rails.

In Nigeria, bank transfers are deeply embedded in daily commerce; by tethering stablecoins to the local banking framework, the feature expands usable scenarios for crypto payments and self-custody strategies, while preserving compliance and speed for routine purchases and cross-border remittances.