Bitget Wallet has introduced direct access to USDT Marketplace, making it the first major digital-asset app to offer the service for Indian users seeking faster and cheaper rupee-to-stablecoin conversions.
The integration was announced during India Blockchain Week and marks a significant expansion of Bitget Wallet’s on-ramp efforts across South Asia. The company said the update aims to streamline access to USDT as demand for stablecoins continues to grow across India’s digital economy.
USDT Marketplace connects to more than 100 Indian banks and is registered with India’s Financial Intelligence Unit (FIU). The platform supports DigiLocker-based identity verification and enables users to purchase USDT within minutes. Its pricing often yields higher USDT output for the same INR amount, reflecting its focus on the INR–USDT corridor and direct integration with local banking rails.
Bitget Wallet said it will add support for INR off-ramps through USDT Marketplace in a future update, creating two-way flow between rupees and stablecoins.
Stablecoin Usage Continues to Rise in India
Stablecoins such as USDT have become widely used in India for overseas income settlement, participation in global markets, and as a USD-linked savings instrument. Many Indian freelancers, developers, and digital-economy workers use dollar-pegged tokens to manage cross-border payments with lower friction.
“Stablecoins play a practical role for many users in India, from receiving overseas income to participating in global markets,” said Jamie Elkaleh, CMO at Bitget Wallet. Elkaleh said the integration adds a “reliable and cost-efficient rail” between INR and USDT, aligning with Bitget Wallet’s goal of making access to digital assets more economically fair.
USDT Marketplace CTO Tushant Chakravarty said the collaboration extends the platform’s competitive pricing, quick verification process, and regulated rupee-to-stablecoin service to a wider user base. “This collaboration makes accessing USDT faster, simpler, and more efficient for people across the country,” he added.
Part of a Broader Global Ramp Expansion
Bitget Wallet currently supports more than 80 payment methods across 100+ fiat currencies. Its app offers features such as gasless swaps, social login, buy/sell crypto tools, and access to over one million digital assets, including tokenized equities and commodities.
The firm’s integration push comes as India remains one of the world’s most active digital-asset markets. Chainalysis ranks the country first globally in grassroots crypto adoption, driven by its large digital workforce and strong participation in international Web3 applications. These trends have accelerated stablecoin usage for predictable value, global access, and fast settlement.
Bitget Wallet’s new partnership suggests rising competition among digital-asset platforms targeting India’s fast-growing stablecoin corridors, where compliant, low-cost fiat bridges remain in high demand.
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