Morph and Bitget Push for Instant, Borderless Stablecoin Payments for Billions

Morph, a high-performance Ethereum Layer 2 network, has unveiled plans to evolve into a global stablecoin settlement layer, backed by the Bitget ecosystem, marking a pivotal shift in blockchain infrastructure, according to a Markets Business Insider report. The rebranding positions Morph as a solution for the trillion-dollar stablecoin payment economy, leveraging a throughput capacity exceeding 10,000 transactions per second (TPS) and a multi-layer zero-trust security framework to enable real-time settlements for enterprises and financial institutions.

The initiative aligns with a surge in stablecoin adoption, as circulation has grown over 50% in 2025 to $310 billion, with transaction volumes surpassing $27.6 trillion in 2024—exceeding Visa's processing volume. Analysts project stablecoin value could reach $4 trillion by 2030, facilitating up to $100 trillion in annual onchain activity, the article notes. Colin Goltra, Morph's CEO, emphasized the collaboration with Bitget and Bitget Wallet as critical to connecting this infrastructure with a global user base of over 120 million, enabling "onchain payments to become reality—enabling billions to transact instantly and safely across borders."

The partnership integrates Bitget's native token, BGB, as Morph's gas and governance token, linking deep liquidity with high-speed architecture. Bitget Wallet's multi-chain capabilities further expand access to on-chain payments, stablecoin settlements, and automated yields. Gracy Chen, Bitget's CEO, highlighted the collaboration's role in advancing the Universal Exchange (UEX) vision, which aims to unify trading, payments, and DeFi under a single infrastructure. Jamie Elkaleh, Bitget Wallet's CMO, noted the ecosystem's potential to transform stablecoin usage in real-world scenarios, from remittances to merchant payments.

Morph's rebranding coincides with Bitget's broader strategy to drive crypto adoption through strategic alliances, including partnerships with LALIGA, UNICEF, and MotoGP. These efforts aim to expand blockchain education and accessibility, aligning with the company's mission to make digital assets programmable and borderless. The collaboration underscores a growing industry focus on scalable, compliant payment solutions as stablecoin adoption accelerates.