Bitget Wallet surpasses 100 million users as daily spending outpaces trading activity

Bitget Wallet, a self-custodial crypto wallet built for everyday finance, has surpassed 100 million users worldwide as daily payment users now outnumber traders for the first time in the company’s history.

With Nigeria a leading figure, the shift is supported by a June 2026 International Monetary Fund report which found that the country accounts for roughly 60 percent of all stablecoin inflows into sub-Saharan Africa since 2019, driven overwhelmingly by households and small businesses rather than institutional trading. The country also received about $59 billion in crypto asset inflows between July 2023 and June 2024.

According to Bitget, more than half of the global users are in Southeast Asia, South Asia, Africa and Latin America, where the wallet increasingly functions as a stablecoin account: a place to hold dollars and get paid into, rather than a venue to speculate.

The pressure behind the numbers is specific. The naira lost more than 40 percent of its value against the dollar in 2024, and conventional remittance corridors into the country still charge 5 to 8 percent per transfer on average.

To address the gap, the platform launched a direct bank transfer feature in Nigeria in November 2025, converting stablecoins such as USDT and USDC into naira and settling instantly across many partner banks. This represented one of the initial attempts by a global crypto wallet to connect stablecoin payments directly into a country’s banking system at scale.

The card numbers follow the same pattern. Bitget Wallet Cards have passed 150,000 issued worldwide, live across more than 50 markets and accepted at over 150 million merchants. Global card spending reached $31 million in the first half of 2026, up 191 percent from the second half of 2025. In emerging markets, where Nigeria sits, card spend grew 416 percent over the same period, more than twice the global rate.

“The next wave of users in markets like Nigeria doesn’t think of this as crypto,” said Alvin Kan, Chief Operating Officer of Bitget Wallet. “They have a balance in dollars, they spend it, they get paid into it, and they move it across borders. The account just happens to be onchain. What the data is showing us is that this is becoming routine, and what starts as routine in these markets tends to define what global finance looks like next.”

Cardholders now average 10 payments a month at roughly $28 each, a frequency that looks like routine debit card use rather than a trading habit.

Initially launched in 2018 as a trading tool tailored for crypto natives, Bitget Wallet has undergone a massive transformation. Features like card issuance, direct bank integrations, and newer QR payment rails did not exist at its last major milestone but now constitute the core product. This shift is driven by the Onchain Payments Matrix, Bitget Wallet’s advanced settlement layer, which has processed more than $177 billion in stablecoin volume across more than 80 payment rails and over 100 currencies.