Bitget Wallet hits 100m users as payments overtake trading

…Nigeria among the fastest-growing markets-IMF

Bitget Wallet, a self-custodial crypto wallet built for everyday finance, has surpassed 100 million users worldwide.

For the first time in the platform’s history, daily payment users now outnumber traders, a shift that puts Nigeria and the wider West African region among the markets where crypto is actually being used, not just traded.

Nigeria’s position in that shift is supported by the June 2026 IMF report, which found that Nigeria received about $59 billion in crypto-asset inflows between July 2023 and June 2024 and that the country accounts for roughly 60 percent of stablecoin inflows into sub-Saharan Africa since 2019.

The country ranked second globally on Chainalysis’s 2024 Global Crypto Adoption Index and sixth in 2025, a pattern the IMF attributes largely to households and small businesses rather than institutional trading.

The Fund has described dollar-pegged stablecoins as a meaningful cross-border payments channel for the country, cutting costs and speeding up remittances for people managing currency volatility and limited access to foreign exchange.

“The next wave of users in markets like Nigeria doesn’t think of this as crypto. 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,” said Alvin Kan, chief operating officer of Bitget Wallet.

With conventional remittance corridors into Nigeria still charging five percent to eight percent per transfer on average, Bitget Wallet has been built specifically to address that gap.

In November 2025, the platform launched a direct bank transfer feature in Nigeria, converting stablecoins such as USDT and USDC into naira and settling instantly across major partner banks, a rollout the company said was among the first large-scale attempts by a global crypto wallet to connect stablecoin payments directly into a country’s banking system.

Read also: Busha Business collaborates with Tether to expand stablecoin infrastructure for African businesses

That same infrastructure now underpins Nigeria’s role in a wider pattern: an onchain account that holds value in dollars, moves across borders, and stays in the user’s own control.

Bitget Wallet Cards have now 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 specifically, card spend grew 416 percent over the same period, more than double the pace of the global figure. Cardholders now average 10 payments a month, at roughly $28 each, a frequency that resembles routine debit card use.

The announcement lands as Nigeria prepares to host the Nigeria Stablecoin Summit in Lagos on 30 July, where regulators and industry leaders are expected to debate the next phase of stablecoin policy in the country.