STICPAY Partners with Binance Pay to Enhance Cryptocurrency Accessibility

Global e-wallet service provider and payment gateway STICPAY has joined forces with Binance Pay, the cryptocurrency payment technology of Binance, the world’s largest cryptocurrency exchange. This partnership aims to enhance STICPAY users’ access to a plethora of leading cryptocurrencies.

STICPAY, which supports over one million users and 5,000 corporate clients across more than 200 countries, will now allow users to deposit directly into their accounts via Binance Pay. This integration grants users the capacity to trade, send, and transact in more than 70 top cryptocurrencies swiftly and at a lower cost.

Impact on the Crypto Wallet Market

The collaboration between STICPAY and Binance Pay arrives as the crypto wallet market continues to grow exponentially. The Global Crypto Wallets market size was valued at $8.24 billion in 2022, with projections of growth to $46.72 billion by 2030, indicating a Compound Annual Growth Rate (CAGR) of about 24.23%.

STICPAY CEO Sean Park expressed his enthusiasm about the partnership, stating that it aligns with STICPAY’s mission to make digital payments cheaper, faster, and more convenient. With the integration of Binance Pay, STICPAY users will now manage more cryptocurrencies more efficiently.

Pakning Luk, Head of Global Business Development for Binance Pay, echoed this sentiment. He expressed delight about the integration with STICPAY, calling it a significant step towards making crypto more accessible for all, providing users worldwide easier and more convenient access to cryptocurrencies.