Now You Can Fund Stablecoins With a Local Bank Transfer in Latin America
Product
If you live in Latin America, the bank transfer is something you already use every day. Pix in Brazil, SPEI in Mexico, CVU in Argentina. It's how money moves. So why should buying digital dollars mean opening a separate exchange account, learning P2P trading, or tracking down a card you don't have?
Today, it doesn't. We've partnered with
alfred to let you turn local currency into dollar-pegged stablecoins, like USDC or USDT, using the same bank transfer you'd use to pay a friend. The money lands as stablecoins straight in your Bitget Wallet account.
How it works
You start a transfer through the domestic payment rail you already know, then receive stablecoins directly in your wallet. No new account, no detours.
The integration launches with
support for Latin American currencies such as BRL, MXN, ARS, and COP, covering markets including Mexico, Argentina, Brazil, Chile, Colombia, Peru, and Uruguay. Behind the scenes, alfred is a Latin America-focused payments company that connects stablecoin settlement to local banking networks across the region, working with partners like Fireblocks and Circle, around the clock.
For a long time, the on-ramp was the most neglected part of the stablecoin experience here. For most people, a local bank transfer is simply the most accessible way to move money. Now that's all it takes to fund a stablecoin balance.
What you can do once you're in
Funding your account is the first step, not the last. Once your stablecoins are in Bitget Wallet, the rest of our payment infrastructure opens up. This integration plugs directly into our
Onchain Payments Matrix, the global system that powers stablecoin payments across both onchain and traditional finance.
From one balance, you can:
-
Hold your dollars digitally or earn yield on them
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Spend anywhere with Bitget Wallet Card
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Pay local merchants by QR code
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Send money across borders through the app
Why this matters for the region
Stablecoin demand in Latin America isn't a trend story. Inflation, currency swings, and capital controls have pushed households and businesses toward digital dollars for saving, sending money home, and everyday commerce. The appetite is real, but getting in has been the hard part.
The numbers show it. In 2025, stablecoin transaction volume across Latin America reached
$324 billion, up
89% year over year. That kind of growth points to demand that existing rails haven't fully served, and to how fast the region is building its own alternatives.
Most of that growth, though, was built for people already in crypto. The next wave is different. It's people who understand why holding dollars digitally makes sense but have never had a simple way in. A bank transfer they already trust is the right place to start.
Meeting people where their money already is
Crypto adoption doesn't happen by asking people to change how they handle money. It happens by fitting into what they already do. A bank transfer in Brazil, Mexico, or Argentina is now enough to hold digital dollars, earn on them, spend them, and send them anywhere. That's the kind of access we're committed to building, one familiar rail at a time.
About Bitget Wallet
Bitget Wallet is an everyday finance app designed to make crypto simple, secure, and usable in daily life. Serving over 90 million users worldwide, it offers an all-in-one platform to
swap and
earn crypto, and pay in stablecoins with
crypto cards. The app enables faster and borderless onchain finance, supported by advanced security and a $300 million user protection fund. Bitget Wallet operates as a fully self-custodial wallet and does not hold or control user funds, private keys, or user data. Transactions are signed by users and executed on public blockchains.
For media inquiries, contact
[email protected]
2026-07-15
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