List of Flash News about Binance Pay
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2025-08-26 10:33 |
Binance Convert DCA, Earn Yield, and Pay: 3 Powerful Tools to Start Crypto Investing Fast
According to @OnchainDataNerd, Binance offers three tools for starting a crypto investment: Convert for flexible dollar-cost averaging (DCA), Earn for generating yield, and Pay for seamless spending and transfers, source: @OnchainDataNerd. These features let traders automate buys, keep assets productive via platform yields, and move funds efficiently to streamline execution and portfolio management, source: @OnchainDataNerd. |
2025-08-15 08:03 |
Binance Pay Explained: 5 Key Facts Traders Need Now About Fast, Borderless Crypto Payments with USDT, USDC, BTC, ETH, BNB
According to @OnchainDataNerd, Binance Pay is a fast, borderless, and secure crypto payment system built directly into the Binance app with no separate apps or intermediaries, enabling payments within Binance’s ecosystem, source: @OnchainDataNerd. It supports a wide range of cryptocurrencies including USDT, USDC, BTC, ETH, and BNB, which are explicitly identified as supported assets for in-app payments, source: @OnchainDataNerd. For traders, the confirmed in-app payment support for USDT, USDC, BTC, ETH, and BNB establishes clear utility channels that can be incorporated into assessments of liquidity and usage within Binance’s payment rails, source: @OnchainDataNerd. The absence of intermediaries indicates transactions are handled inside the Binance app infrastructure, defining the operational pathway for these assets in payments, source: @OnchainDataNerd. |
2025-08-15 08:03 |
Binance Pay Reaches Over 32,000 Merchants: Automatic Crypto-to-Preferred-Currency Conversion at Checkout
According to @OnchainDataNerd, Binance Pay automatically converts users’ crypto at checkout into the merchant’s preferred currency so the merchant receives the exact requested amount (source: @OnchainDataNerd). This service is supported by over 32,000 merchants worldwide, offering traders a concrete payment adoption datapoint to monitor (source: @OnchainDataNerd). |
2025-08-15 08:03 |
Binance Pay Real-World Adoption: Pay at 1,500+ Pick n Pay Stores in South Africa and at Carrefour in Bahrain; Brazil Pix Use Case Highlights Retail Crypto Payments BNB and BTC
According to @OnchainDataNerd, Binance Pay can be used for groceries and beverages at over 1,500 Pick n Pay stores in South Africa and at Carrefour in Bahrain, enabling in-store crypto payments that traders track for real-world utility signals. source: @OnchainDataNerd. According to @OnchainDataNerd, a Binance user in Brazil recently used Binance Pay through the Pix payment system to buy pet medicine, evidencing an active retail payment use case in Brazil that is relevant to payment flow monitoring. source: @OnchainDataNerd. According to Binance Pay Help Center, Binance Pay supports major assets including BTC, BNB, ETH and USDT, making these merchant endpoints directly connected to transaction demand in widely traded cryptocurrencies. source: Binance Pay Help Center. |
2025-08-15 08:03 |
Binance Pay Guide: 3 Easy Steps to Pay Merchants via QR Code (KYC Required)
According to @OnchainDataNerd, users can use Binance Pay for retail crypto payments by first signing up for a Binance account and completing identity verification (KYC) (source: @OnchainDataNerd on X). According to @OnchainDataNerd, after KYC, users open the Binance app, tap the Binance Pay icon, scan the merchant’s QR code, and confirm the payment to finalize the transaction (source: @OnchainDataNerd on X). According to @OnchainDataNerd, this outlines an operational flow for point-of-sale crypto payments via Binance Pay that traders can reference when assessing real-world usage pathways for exchange-based payment rails (source: @OnchainDataNerd on X). |
2025-08-15 08:03 |
Binance Pay Enables Everyday Stablecoin Payments, Debunking Western Union CEO Claim — Real-World Crypto Checkout in 2025
According to @OnchainDataNerd, stablecoins can be used for everyday purchases via Binance Pay, directly contradicting a recent claim from a Western Union CEO that you "couldn’t spend stablecoin" to buy a cola (source: @OnchainDataNerd, X, Aug 15, 2025). The post showcases a real checkout flow using Binance Pay to complete a small retail transaction, evidencing live stablecoin payments at point of sale (source: @OnchainDataNerd, X, Aug 15, 2025). This highlights existing crypto payments utility that traders track when assessing adoption narratives tied to exchange-integrated payment rails (source: @OnchainDataNerd, X, Aug 15, 2025). |
2025-08-13 03:24 |
Binance Pay Crypto Payments Utility: 2 Trading Takeaways for Digital Assets
According to @cas_abbe, Binance Pay positions crypto for everyday spending by stating that sending value is as easy as a message and can be used for overseas hotel bookings and general payments, shifting the focus from buy-and-hold to real-world usage. Source: @cas_abbe. Based on @cas_abbe's statement, traders can monitor payments adoption signals within the Binance Pay ecosystem—such as highlighted travel use cases and merchant payment acceptance—as a narrative driver for short-term sentiment tracking around crypto payments. Source: @cas_abbe. |
2025-07-02 02:09 |
Bhutan Adopts Binance Pay for Tourism, Moves $15M in Bitcoin (BTC) Sparking Selling Pressure Concerns
According to Richard Teng, Bhutan is integrating Binance Pay into its economy to boost its high-value tourism sector, with over 1,000 merchants already onboarded to what Teng calls the "first national crypto payments system." This initiative aims to leverage Binance's user base, as crypto tourists reportedly spend nearly three times more than average visitors. From a trading perspective, Bhutan's recent transfer of 137.245 Bitcoin (BTC), worth approximately $14.77 million, to a Binance exchange wallet has raised concerns about potential selling pressure, according to data from Arkham Intelligence. This move, part of Bhutan's larger $1.28 billion BTC holdings, suggests that profit-taking by large state-level actors could be a key factor balancing the heavy corporate buying in the market and capping Bitcoin's price from reaching new all-time highs. |
2025-07-01 07:55 |
Bhutan Adopts Binance Pay for Tourism, Sparks Bitcoin (BTC) Sell-Off Fears with $15M Transfer
According to @_RichardTeng, Bhutan is integrating Binance Pay into its economy to attract high-value tourists, with a goal of bringing in 300,000 visitors annually. Binance CEO Richard Teng described the initiative, which has already onboarded over 1,000 merchants, as the "first national crypto payments system" and a move from speculation to infrastructure. For traders, a key development is the Royal Government of Bhutan's recent transfer of 137.245 Bitcoin (BTC), worth approximately $14.77 million, to a Binance exchange wallet, as reported by Arkham Intelligence. This transaction has fueled speculation about potential selling pressure on BTC, which could be a contributing factor to Bitcoin's inability to reach new all-time highs despite significant corporate buying. Bhutan's total crypto holdings are estimated at 11,924 BTC, valued at around $1.28 billion. |
2025-06-30 13:29 |
Bhutan Partners with Binance Pay to Launch National Crypto Payments System for Tourism
According to @lookonchain, Bhutan is integrating Binance Pay to establish a national cryptocurrency payments system aimed at boosting its high-value tourism sector. A tourism representative confirmed that Binance Pay addresses payment friction for international visitors, with tourists already using crypto for local purchases. Binance CEO Richard Teng described the initiative as the "first national crypto payments system," noting that crypto tourists spend nearly three times more than regular tourists, averaging $1,000 per visit, and merchants benefit from instant settlements. The system has already onboarded over 1,000 merchants who can leverage zero transaction fees. DK Bank, a key player in Bhutan's early bitcoin mining operations, is now spearheading this adoption drive, stating that crypto payments are a natural fit with the country's high mobile and QR payment penetration. This real-world adoption by a sovereign nation could serve as a model for others, potentially increasing the utility and value proposition of platforms like Binance and their associated digital assets. |
2025-06-30 13:29 |
Bhutan Onboards Over 1,000 Merchants to Binance Pay to Attract High-Value Crypto Tourists
According to @lookonchain, Bhutan is strategically integrating Binance Pay to enhance its tourism sector by targeting high-value crypto travelers. Officials report that over 1,000 merchants have adopted the platform, which solves payment issues for international visitors and offers zero fees with instant settlements. Binance CEO Richard Teng highlighted this as a move from speculation to infrastructure, noting that the average crypto tourist spends around $1,000, nearly triple that of a regular tourist. With local partners like DK Bank spearheading adoption, Bhutan is positioning cryptocurrency as a core industry for economic growth, providing a significant real-world use case for crypto payment systems and potentially boosting the utility of the broader Binance ecosystem. |
2025-06-30 11:43 |
Bhutan Partners with Binance Pay for First National Crypto Payments System to Boost Tourism
According to @_RichardTeng, Bhutan is launching what the Binance CEO calls the 'first national crypto payments system' by integrating Binance Pay to attract high-value global travelers. A tourism representative stated that crypto tourists spend an average of $1,000, nearly three times that of regular tourists, and are already using crypto for local purchases. For traders, this real-world adoption case involves over 1,000 merchants who receive instant, zero-fee settlements, a significant advantage over traditional payment systems. DK Bank is spearheading on-the-ground adoption, while a representative from GMC confirmed that Bhutan now considers crypto a 'core industry,' signaling strong government support and a potential model for national crypto integration that could drive long-term value for the Binance ecosystem. |
2025-06-17 12:00 |
Stablecoins Settle $94B in Global Payments Since 2023: Binance Pay Drives Instant Crypto Transactions
According to Richard Teng (@_RichardTeng), stablecoins have settled over $94 billion in global payments since January 2023, powering B2B and retail transactions across markets. Binance Pay now enables instant, free, and frictionless crypto payments, reducing transaction costs and settlement times for traders and businesses. This shift toward stablecoin adoption is expected to increase trading liquidity and expand market participation, particularly as instant settlement features attract more users to digital assets. Source: Richard Teng Twitter, Binance Blog. |
2025-05-20 15:43 |
Binance Pay Integrates with Pix: Instant Crypto Payments in Brazil Boost Adoption and Trading Volumes
According to Richard Teng, Binance Pay has integrated with Pix, Brazil’s leading payment system, enabling millions of users to make instant cryptocurrency payments in Brazilian Reais to anyone, anywhere. Pix processes over 5.6 billion transactions monthly, and this integration significantly expands crypto access and utility across Latin America. Traders should monitor increased transaction volumes and potential liquidity inflows to Binance, as this partnership could drive higher demand for major cryptocurrencies and stablecoins in the region (source: @_RichardTeng on Twitter, May 20, 2025; binance.com/en/blog/all/binance-pay-integrates-pix-brazil). |
2025-05-16 06:39 |
Binance Pay Expands Crypto Payment Access with PundiX: Multi-Chain Settlement on BNB Chain and More
According to Zac_Pundi on Twitter, Binance Pay has expanded its crypto payment capabilities by partnering with PundiX, allowing global merchants to accept and settle digital assets seamlessly. The integration supports settlements across various Layer 1 and Layer 2 blockchains, including BNB Chain, making crypto spending more accessible and increasing transaction volume potential. This advancement is likely to drive adoption and liquidity for supported cryptocurrencies, while enhancing the utility of BNB and other major tokens in real-world transactions (source: Twitter/@Zac_Pundi, May 16, 2025). |
2025-05-07 04:01 |
Binance Pay Launches First All-in-One Crypto Payment Partnership for Travelers: Major Boost for Crypto Adoption in Travel Industry
According to Richard Teng on Twitter, Binance Pay has announced its first partnership allowing travelers to use cryptocurrency for all travel-related expenses, marking a significant step in crypto payment adoption. This move is expected to increase real-world utility for cryptocurrencies and may enhance trading volumes for supported coins, especially as travel-related transactions grow globally. For traders, this partnership signals potential upward momentum for Binance ecosystem tokens and wider crypto adoption in mainstream payment sectors. Source: Richard Teng Twitter, May 7, 2025. |
2025-05-04 14:53 |
Binance Partners with Kyrgyzstan National Investment Agency to Boost Digital Asset Ecosystem and Enable Crypto Payments
According to Binance's official Twitter, Binance has announced a partnership with the Kyrgyzstan National Investment Agency to expand the country's digital asset ecosystem. The collaboration aims to enable crypto payments using Binance Pay and promote blockchain education through Binance Academy, as stated in their blog post (source: Binance Twitter, June 2024; binance.com/en/blog/adoption). Traders should monitor potential increases in crypto transaction volumes and adoption rates in Central Asia, as this partnership could drive higher usage of Binance Pay and related digital assets in the region. |
2025-04-04 04:32 |
Circle's USDC Becomes Default Currency for Binance Pay Users
According to AltcoinGordon, Circle's stablecoin USDC is now the default currency for all new Binance Pay users. This development is likely to increase USDC's transaction volume and integration within the Binance ecosystem, potentially impacting its liquidity and trading dynamics. |
2025-02-21 03:00 |
Binance Pay's Significant Growth in 2024: User Base and Transaction Volume Surge
According to @_RichardTeng, Binance Pay experienced substantial growth in 2024 with its user base expanding to 41.7 million, a threefold increase year-over-year. The platform's transaction volume skyrocketed to $72.4 billion, up from $2.5 billion in 2021. USDT accounted for 80% of the total transaction volume, representing $57 billion. Notably, USDC transactions increased by 1338%, marking it as the fastest-growing asset on the platform. Additionally, SOL payments reached $724 million, reflecting a 656% year-over-year growth. |