Binance Pay Expands to Over 20 Million Merchants in 2023
- Binance Pay has experienced a 1,700-fold growth this year.
- The payment platform expanded from 12,000 to over 20 million merchants globally.
- Stablecoin payments now constitute 98% of Binance Pay’s B2C transactions.
- Since its launch in 2021, Binance Pay has processed over $250 billion in transactions.
- Merchant partners include brands like JW Marriott, KFC, and SPAR.
- Integrations with Brazil’s Pix and Argentina’s QR network enhance crypto adoption in commerce.
Binance Pay’s rapid expansion underscores the increasing adoption of stablecoins in global commerce, with notable partnerships and integrations driving its growth trajectory.
Source (3.2)https://cryptobriefing.com/binance-pay-growth-2024/?rand=59535
