Bitget Wallet expands payment options with stablecoin-powered virtual card
P
Punch Newspaper
Reported by Justice Okamgba
Wed, 4 Nov 2026, 23:03
Photo courtesy of Punch Newspaper · Verified via News Stand NG
Source Attribution: Punch Newspaper
News Stand NG operates under ethical news aggregation guidelines. Source: Punch Newspaper. To read the unabridged investigative reporting and full gallery, visit the original publication.
Bitget Wallet, a self-custodial crypto wallet with more than 100 million users globally, on Tuesday, launched a card in Nigeria that lets users spend stablecoin balances at Visa merchants worldwide, adding a crypto route to the ways Nigerians pay in dollars. “Stablecoins are becoming a practical financial tool in markets like Nigeria, but their potential goes well beyond holding or transferring digital dollars,” said the Chief Operating Officer of Bitget Wallet, Alvin Kan.
Context & Background
✦Nigeria is Sub-Saharan Africa’s largest crypto market.
Key Figures & Named Entities
Tuesday:Bitget Wallet, a self-custodial crypto wallet with more than 100 million users globally, on Tuesday, launched a card in Nigeria that lets users spend stablecoin balances at Visa merchants worldwide, adding a crypto route to the ways Nigerians pay in dollars.2024:It received more than $92.1bn in crypto value between July 2024 and June 2025, nearly three times South Africa, according to blockchain analytics firm Chainalysis.2023:Between 2023 and 2025, foreign exchange shortages had forced many lenders to cut those limits or suspend offshore card transactions.
Outlook & Next Steps
Follow original publisher reporting for subsequent developments, official responses, and verified updates.
Key Takeaways
Verified Extract
✦Bitget Wallet, a self-custodial crypto wallet with more than 100 million users globally, on Tuesday, launched a card in Nigeria that lets users spend stablecoin balances at Visa merchants worldwide, adding a crypto route to the ways Nigerians pay in dollars.
✦“Stablecoins are becoming a practical financial tool in markets like Nigeria, but their potential goes well beyond holding or transferring digital dollars,” said the Chief Operating Officer of Bitget Wallet, Alvin Kan.
✦Nigeria is Sub-Saharan Africa’s largest crypto market.
Key Facts:Tuesday: Bitget Wallet, a self-custodial crypto wallet with more than 100 million users globally, on Tuesday, launched a card in Nigeria that lets users spend stablecoin balances at Visa merchants worldwide, adding a crypto route to the ways Nigerians pay in dollars.2024: It received more than $92.1bn in crypto value between July 2024 and June 2025, nearly three times South Africa, according to blockchain analytics firm Chainalysis.2023: Between 2023 and 2025, foreign exchange shortages had forced many lenders to cut those limits or suspend offshore card transactions.2026: The Central Bank of Nigeria Governor, Olayemi Cardoso, said in July that diaspora remittances, then above $600m a month, were expected to reach about $1bn a month by the end of 2026.
Editorial Excerpt
Bitget Wallet has launched a virtual card in Nigeria, allowing users to spend stablecoin balances at Visa merchants worldwide via its self-custodial app.
Frequently Asked Questions About This Story
What is the latest development regarding Action Peoples Party?
Bitget Wallet, a self-custodial crypto wallet with more than 100 million users globally, on Tuesday, launched a card in Nigeria that lets users spend stablecoin balances at Visa merchants worldwide, adding a crypto route to the ways Nigerians pay in dollars.
Who are the key organizations or public figures mentioned?
The primary parties identified in this coverage include Action Peoples Party, Olayemi Cardoso, Central Bank of Nigeria.
What timeline or key figures were confirmed?
Bitget Wallet, a self-custodial crypto wallet with more than 100 million users globally, on Tuesday, launched a card in Nigeria that lets users spend stablecoin balances at Visa merchants worldwide, adding a crypto route to the ways Nigerians pay in dollars.
