Key Highlights
- Bitget Wallet becomes the first major platform to integrate the USDT Marketplace for INR–USDT conversions.
- Users get faster, compliant transfers through FIU-registered rails and DigiLocker verification.
- Integration comes as stablecoin use grows in India, with plans for INR off-ramps soon.
Bitget Wallet has added a new feature that lets people in India convert their rupees into stablecoins, becoming the first major platform to bring USDT Marketplace into its app. The addition, announced during India Blockchain Week (IBW), comes at a time of rising demand for stablecoins across the country’s digital economy.
The integration gives users an additional route to convert Indian rupees to USDT, offering what the platform describes as a faster and more cost-efficient method.
New on-ramp option for INR-USDT transfers
USDT Marketplace is registered with India’s Financial Intelligence Unit (FIU) and is connected to more than 100 banks nationwide, providing users with a way to move funds through channels that follow local regulatory norms.
Users can complete identity verification through DigiLocker and purchase USDT within minutes. According to Bitget Wallet, the service may offer better rates than competing platforms because it focuses specifically on the INR–USDT corridor and connects more directly with local banking rails, reducing spread and conversion costs.
Bitget Wallet has also stated that it plans to enable INR off-ramps through the same marketplace in a future update, allowing users to move funds in both directions.
Growing use of stablecoins in India
Company executives say the update is meant to support everyday use cases that are becoming more common among Indian crypto users.
“Stablecoins play a practical role for many users in India — from receiving overseas income to participating in global markets and holding part of their savings in a USD-linked form,” said Jamie Elkaleh, CMO of Bitget Wallet.
“By integrating USDT Marketplace, we’re adding a reliable and cost-efficient rail between INR and USDT, supporting our wider goal of making access to digital assets smooth and economically fair for anyone entering the space.”
India remains one of the most active global markets for digital assets. Research firm Chainalysis ranks the country first worldwide in grassroots crypto adoption, with rising use of stablecoins such as USDT for predictable value and quick settlement.
Part of Bitget Wallet’s wider expansion
The move fits within Bitget Wallet’s broader effort to expand its global network of on- and off-ramp services, which currently spans more than 80 payment methods and over 100 fiat currencies.
The wallet also provides tools for trading, saving, payments, and accessing digital-asset applications, with features including social login, buy/sell crypto, gasless swaps, and access to more than one million assets ranging from tokens to tokenized commodities and equities.
USDT marketplace looks to tap wider user base
USDT Marketplace says the integration will make its services more accessible. “By integrating with Bitget Wallet, we’re able to offer our competitive pricing, quick verification process, and reliable INR-to-USDT service to a wider group of users,” said Tushant Chakravarty, CTO of USDT Marketplace.
“This collaboration makes accessing USDT faster, simpler, and more efficient for people across the country.”
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