Bitget Wallet announced the surpassing of 100 million users globally and reported that, for the first time, users making payments through the platform outnumber those primarily using it for trading.
According to the company, more than half of its users are located in Southeast Asia, South Asia, Africa, and Latin America. Bitget Wallet said usage patterns in these regions increasingly reflect the use of crypto wallets for savings, payments, payroll receipts, and cross-border transfers, rather than speculative trading activity.
Substantial card spending
The company reported that more than 150,000 Bitget Wallet Cards have been issued across more than 50 markets and can be used at over 150 million merchants. Card spending totaled $31 million during the first half of 2026, representing a 191% increase compared with the second half of 2025, according to company data. In emerging markets, spending through the cards increased by 416% over the same period.
Bitget Wallet said users made an average of 10 card payments per month, with an average transaction value of $28. The company reported that active cardholders in the United States, Europe, and Asia typically recorded between 10 and 14 transactions per month, while usage in Latin America continued to grow from a lower base.
The company linked adoption trends in some markets to local economic conditions. It cited currency depreciation in countries such as Nigeria and Argentina, as well as the cost of traditional remittance services, as factors contributing to demand for stablecoin-based financial services. Bitget Wallet identified both countries as among its fastest-growing markets.
Asian infrastructure fuels adoption
In Southeast Asia and South Asia, the company said adoption has been supported by existing mobile payment infrastructure. Bitget Wallet's payment services include QR-code transactions and integrations with local banking systems.
Alvin Kan, chief operating officer of Bitget Wallet, said the company is observing growing use of onchain accounts for everyday financial activities, including receiving payments, storing value, spending funds, and transferring money internationally.
Founded in 2018, Bitget Wallet originally focused on cryptocurrency trading services. The company said it has expanded its offerings over the past two years to include payment cards, QR-based payment systems, and banking integrations in several markets, including Nigeria, Mexico, and Bangladesh.
Bitget Wallet also reported that its Onchain Payments Matrix, which supports payment settlement across more than 80 payment rails and over 100 currencies, has processed more than $177 billion in stablecoin settlement volume.
The company said additional data and analysis are available through its published report and corporate blog.
Dan Burgin
U.Today Editorial Team
