We are delighted to announce our participation as a launch partner in the Onchain Payments Matrix introduced by Bitget Wallet.
The Onchain Payments Matrix is a coordinated infrastructure framework connecting blockchains, stablecoins, payment networks, and traditional financial rails to make digital value usable in everyday commerce.
Blockchains, stablecoins, card networks, banks, merchants, liquidity providers, and wallet interfaces all play a role in how value moves today. But without coordination between these layers, the user experience breaks down. The Matrix addresses this by creating a unified coordination layer that brings these systems together.
Why Coordination Matters Now
Stablecoins have crossed a threshold. They are no longer experimental instruments traded between crypto-native users. They are being used for card payments, QR code transactions, bank transfers, remittances, and merchant commerce.
The Onchain Payments Matrix links over 90 million users to more than 150 million merchants worldwide, with over 155 million transactions and $177 billion in volume processed across cards, QR payments, and traditional bank rails. Stablecoins go in at one end. Usable value comes out at the other.
Transak's Role in the Matrix
Transak operates as the payments origination layer within the Onchain Payments Matrix. When a user needs to move between fiat currency and digital assets, our infrastructure handles the conversion, compliance, and settlement.
This is the same infrastructure that already supports fiat-to-crypto and crypto-to-fiat flows for 600+ partners globally, covering 64+ countries with multi-jurisdictional regulatory compliance.
Within the Matrix, we provide the critical bridge between traditional financial systems and onchain rails, enabling seamless value movement without requiring users or merchants to manage the complexity themselves.
The Matrix supports a range of real-world payment use cases today, including:
- Card payments powered by stablecoin settlement
- QR code payments at physical and digital merchants
- Fiat conversion flows for onboarding users into the onchain economy
- Bank transfers and remittance across global corridors
- Merchant commerce with stablecoin acceptance and instant settlement
- Emerging agent payment capabilities for programmatic and AI-driven transactions
Infrastructure, Not Another Product
The Onchain Payments Matrix is not a consumer application. It is a coordination framework. Its value comes from connecting existing infrastructure providers, each contributing their specialization, into a system that works as a whole.
For Transak, this aligns with a core principle. Transak is a high fidelity infrastructure provider, which means we do not compete with our partners. We build the infrastructure layer that makes our partners’ products work. The Onchain Payments Matrix extends that same philosophy across a broader ecosystem, connecting payment networks, blockchain protocols, and financial institutions through a single coordination layer.
Explore the Onchain Payments Matrix
The Onchain Payments Matrix is live today.
Learn more about the framework and the ecosystem of launch partners at web3.bitget.com/en/paymentsmatrix.
To integrate Transak in your app, reach out to us today.
