Bitget Wallet, a leading Web3 non-custodial wallet, has announced its 2025 payment finance (PayFi) strategy for bringing real-world payments to the blockchain, as per the reports shared with Finbold on Monday, January 27.
With cryptocurrency payments and decentralized finance (DeFi) making it into the mainstream, PayFi aims to redefine how individuals interact with their finances and transform crypto into a viable, everyday financial asset.
Bitget’s PayFi plans
Designed to help users earn, send, and spend their money within a single ecosystem, PayFi maximizes the utility of and simplifies financial transactions.
At the heart of Bitget’s strategy is the PayFi Flywheel, a new feature designed to transform crypto wallets from passive storage tools into active financial ecosystems of their own.
With the Flywheel, users can deposit assets such as stablecoins into flexible savings accounts with real-time yields.
In turn, they can use these yields to cover expenses
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