Binance expands global crypto access with new USD transfer feature

• Fee-free USD deposits for faster crypto conversions.
• Binance partners with PayPay in Japan for direct crypto purchases.
• Plume Network integration enables gas-free payments of tokenized assets.

Binance has unveiled a new feature that enables direct USD deposits and withdrawals through its regulated subsidiary BPay Global.

Licensed by the Central Bank of Bahrain, BPay Global strengthens Binance’s position in bridging traditional finance with digital assets.

The on Announced October 22nd Feature is now available to users in over 70 countries.

It offers fee-free SWIFT transfers and integration with Apple Pay, Google Pay, and debit or credit cards, creating a smoother experience for both personal and corporate users seeking secure fiat-to-crypto transactions.

Seamlessly integrate USD and crypto payments

The new service allows Binance users to deposit and withdraw USD directly through BPay Global, bypassing traditional intermediaries.

Users can store funds in a regulated e-wallet and immediately use them for trading or converting on the Binance platform.

By eliminating deposit fees for SWIFT transfers, Binance aims to reduce the costs and friction of switching between fiat and crypto markets.

This initiative addresses the growing global demand for accessible, compliant and cost-effective payment channels.

The move is in line with Binance’s broader strategy to expand its fiat gateway infrastructure while ensuring compliance with international financial standards.

Building on recent payments and compliance initiatives

The launch follows a series of updates that strengthen Binance’s payments ecosystem.

In early October, Binance.US introduced dynamic withdrawal fees for ERC-20 tokens and reduced trading fees for major pairs such as Ethereum, Solana and BNB.

These changes are designed to create a more efficient environment for traders and liquidity providers across all markets.

In Japan, Binance deepened its reach by partnering with PayPay, the country’s largest cashless payment platform.

This collaboration allows users to purchase cryptocurrencies directly with PayPay Money, which is then credited to their Binance accounts.

The partnership highlights Binance’s growing integration into regional payment systems to make digital assets more mainstream.

Integrating real-world assets through blockchain innovation

In addition to fiat transactions, Binance has also further developed its blockchain payment infrastructure by integrating Plume Network.

This collaboration enables gas-free transactions for tokenized real-world assets (RWAs) across thousands of merchants, expanding the usability of digital currencies in real-world commerce.

Such developments mark a strategic evolution of Binance’s long-term goal – merging traditional and digital economies.

Combining global compliance oversight, regulated financial channels and blockchain innovation, Binance positions itself at the forefront of Web3-driven financial systems.

Expanding global reach through BPay Global

The launch of BPay Global’s USD remittance capabilities is a critical step towards a more inclusive financial ecosystem.

By expanding access to users in 70 countries, Binance not only simplifies global payments, but also demonstrates its commitment to providing safe, regulated and low-cost cross-border financial instruments.

The expansion underscores Binance’s ongoing transformation from a pure crypto exchange to a comprehensive financial services provider.

As fiat and digital assets become increasingly intertwined, BPay Global serves as a bridge between legacy systems and decentralized finance, strengthening Binance’s influence in shaping the next generation of global payments.