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CEX Wallet has launched the encryption asset "Bank Transfer" feature, which is now available in Nigeria and Mexico.

On November 25, CEX Wallet announced the launch of the crypto assets “bank transfer” feature in Nigeria and Mexico, allowing users to transfer USDT / USDC quickly and securely in fiat to local bank accounts. This feature supports users in using USDT and USDC on BNB Chain, Ethereum, Solana, Tron, and Base networks, with funds expected to arrive within seconds. According to official information, the service is currently connected to over 45 banks in Nigeria and more than 35 banks in Mexico. CEX Wallet CEO Karry Cheung stated that the launch of the bank transfer feature is a key practice for CEX Wallet to expand its PayFi payment solution into emerging markets. In regions like Nigeria, bank transfers are the most common payment method in daily life, widely used for small purchases and everyday expenses. This feature aims to expand the boundaries of stablecoin payment scenarios by integrating stablecoins with the local mainstream banking transfer system, providing local users with a cryptocurrency-based payment solution.

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