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Binance Launches BPay Global for Direct USD Deposits and Withdrawals in 70+ Countries

The company casts the service as a compliance‑focused push to reduce fiat‑to‑crypto friction via a Bahrain‑licensed payments provider.

Overview

  • The USD on/off‑ramp went live on Oct. 22 and supports SWIFT transfers, credit and debit cards, Apple Pay, and Google Pay.
  • Binance says SWIFT USD deposits carry no fees, lowering the cost of moving funds onto the platform.
  • BPay Global is licensed and regulated by the Central Bank of Bahrain and operates within the Binance Group.
  • Users can store USD in a regulated fiat e‑wallet for direct use on Binance, including trading and conversions.
  • The rollout ties into recent payments initiatives such as a PayPay funding option in Japan, Plume Network support for gas‑free tokenized‑asset payments, and Binance.US fee changes.