Binance Pay will allow eligible overseas users visiting Japan to spend Tether USDT (USDT) at the vast majority of PayPay-supported merchants starting Wednesday. The service will run through HIVEX, a payment interoperability framework that connects overseas QR payment services to PayPay-supported merchants in Japan, with merchants continuing to receive settlement in yen. Binance told Cointelegraph it is the first crypto payment service to access PayPay-supported merchants through HIVEX. Japan welcomed a record 42.7 million international visitors in 2025 according to the Japan Tourism Agency, and the country recorded 3.1 million visitor arrivals in August, down 9.6% year-over-year.
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