Bitget Wallet Expands Payment Support to SHIB, Regional Stablecoins and 40+ More Tokens

2 hour ago 3 sources positive

Key takeaways:

  • Bitget's payments expansion may elevate SHIB from speculation to spending utility, altering its demand profile.
  • Regional stablecoin support targets underbanked markets, potentially accelerating crypto adoption beyond trading speculation.
  • Seamless onchain payments may structurally boost utility for integrated tokens like SOL and BNB.

Bitget Wallet has significantly broadened its payment infrastructure, now supporting over 40 additional onchain assets for everyday spending across more than 50 markets. The expansion, announced on June 18, 2026, enables users to pay with ecosystem tokens, regional stablecoins, and popular memecoins directly via the Bitget Wallet Card and QR-code payments, without requiring manual token swaps or cross-chain bridging.

The rollout builds on prior support for major assets including USDT, USDC, ETH, POL, SOL, BNB, and the platform’s own BGB. The first phase adds tokens such as the Brazilian real-pegged stablecoin BRZ, the Singapore dollar-backed XSGD (both operating on Polygon), and the memecoin SHIB on BNB Chain. In total, more than 40 new tokens are now usable, with plans to integrate thousands of additional assets across multiple blockchain networks in the coming months.

This functionality is powered by Bitget Wallet’s Onchain Payments Matrix, a backend payment-routing system that currently supports over ten blockchain networks. The infrastructure automatically handles payment routing, allowing users to spend supported assets seamlessly without dealing with the technical complexities typically associated with cross-chain transactions.

The move addresses a persistent gap in the crypto market. While the global cryptocurrency market cap stands at roughly $2.4 trillion, real-world crypto payments remain overwhelmingly dominated by stablecoins. According to Bitget Wallet, the $315 billion stablecoin segment—approximately 13% of total market capitalization—accounts for the vast majority of merchant crypto payment activity. By broadening the range of spendable assets, the wallet aims to connect the enormous value held in non-stablecoin tokens to everyday commerce, marking a meaningful step toward practical, mass-market crypto adoption.

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