Binance Pay lets visitors spend USDT at PayPay merchants in Japan
Binance Pay will let overseas users spend USDT at most PayPay-supported merchants in Japan through HIVEX, while stores receive yen.
Binance Pay will enable overseas users to spend USDT at most PayPay-supported merchants in Japan, with stores receiving payment in yen, starting Wednesday. This service will operate through HIVEX, a payment interoperability framework that links overseas QR payment services to PayPay-supported merchants in Japan. Binance claims this is the first crypto payment service to access PayPay-supported merchants via HIVEX.
Merchants will not need to individually opt-in for this service. PayPay is a widely-used cashless payment system in Japan, accepted at numerous locations like major chains, small retailers, vending machines, taxis, and public transportation. In 2025, Japan welcomed a record 42.7 million international visitors. In the latest global ranking, Japan was ninth overall and first in Asia, with 3.1 million visitors in August 2026, marking a 9.6% drop from the previous year, bringing the total to 27.6 million for the first eight months of 2026.
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