Bitget Wallet Brings USD and EUR Virtual Accounts, Converting Traditional Payments to Stablecoins

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Bitget Wallet is offering USD and EUR virtual accounts with personal account numbers to more than 100 million users. Incoming transfers through ACH, Fedwire, SEPA or SWIFT are automatically converted into USDT or USDC within the self-custodial wallet, with no network conversion fee. The service, developed with stablecoin payment provider Noah, targets freelancers and families receiving money from employers or relatives in the United States and the European Union. Deposits are capped at $10,000 per transaction and $20,000 per month in USD, and at €15,000 per transaction and €30,000 per month in EUR. It is not a bank account and currently supports incoming transfers only, while a $500 ACH deposit costs Bitget Wallet users about $2, excluding any fee charged by the sending bank.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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