Bitget Wallet partners with alfred to enable bank‑transfer stablecoin purchases across Latin America
Bitget Wallet, a self‑custodial crypto wallet, has teamed with Latin‑America payments platform alfred to add a bank‑transfer on‑ramp that lets users in Brazil, Argentina, Mexico and Colombia buy dollar‑pegged stablecoins such as USDC and USDT directly from their domestic banking rails (Pix, CVU, SPEI, etc.) without needing a card or an exchange account.
The partnership aims to reduce friction for users new to crypto, a need highlighted by Luis Miller, Head of Partnerships at alfred, who said the on‑ramp layer “has been the most under‑served part of the stablecoin experience in Latin America.” Alvin Kan, COO of Bitget Wallet, added the feature targets the “next wave” of users who want digital dollars. In 2025 stablecoin transaction volume in the region reached $324 billion, an 89 % year‑over‑year increase, reflecting strong demand driven by inflation, currency volatility and capital controls.