Binance revolutionizes money transfer: USD now available in 70 countries!

Binance revolutionizes money transfer: USD now available in 70 countries!

Binance introduced a significant innovation on October 22, 2025 to simplify the transfer of funds between the crypto world and traditional finance. Users can now make USD deposits and withdrawals in over 70 countries via BPay Global, significantly improving accessibility for global users. This feature allows users to transfer funds via various payment options such as SWIFT, credit and debit cards, as well as mobile payment methods such as Apple Pay and Google Pay.

The launch of this feature comes under strict regulated oversight and is part of Binance's commitment to building a comprehensive on- and off-ramp network that significantly simplifies access to crypto and fiat currencies. Thomas Gregory, Vice President of Fiat at Binance, explained that this update meets the increasing global demand for seamless fiat on- and off-ramps.

Innovative payment options and fee structure

A standout feature of this new feature is that there are no fees for USD deposits via SWIFT. This regulation enables faster and cheaper transactions, which is particularly attractive for retail and corporate users. Additionally, users in qualifying regions can store USD in a regulated e-wallet and use it for conversions or trading directly on the Binance platform.

BPay Global, a regulated entity of Binance Group, is licensed by the Central Bank of Bahrain, forming an integral part of Binance's new payments and fiat ecosystem. This strategic expansion follows several updates from Binance aimed at lowering barriers to entry to the crypto world while maintaining high compliance and security standards.

Partnerships and reduced fees

As part of its continued efforts to innovate, Binance has also announced a partnership with PayPay, the largest cashless payment platform in Japan. This collaboration allows customers to purchase cryptocurrencies through PayPay Money and deposit them directly into their accounts. Trading fees for popular trading pairs including Ethereum, Solana and BNB were also reduced in October, making the platform even more competitive.

Additionally, Binance integrates the Plume Network, which enables fee-free payments for tokenized real-world assets across thousands of merchants. These measures demonstrate Binance's long-term goal of linking everyday finances with digital assets and offering users convenient access.

In summary, the launch of Binance's BPay Global service demonstrates not only the company's innovative strength, but also its commitment to bridging the gap between traditional and digital financial systems. The company remains at the forefront of developments in the crypto industry and opens up new opportunities for global users.