Binance Pay Expands USDT Payments Across Japan’s PayPay Network
Binance Pay will let overseas visitors spend Tether’s USDT at PayPay-supported merchants across Japan from Sept. 30, expanding the use of cryptocurrency for everyday purchases. The service connects Binance Pay with PayPay’s merchant network through HIVEX, a payment interoperability framework.
The launch gives travelers a way to pay in USDT while merchants receive settlement in Japanese yen. Binance said the integration removes the need for individual merchants to register separately for Binance Pay.
USDT reaches Japan’s payment network
The new service targets Binance users from outside Japan. Japanese residents using Binance Japan are excluded from the feature, according to the launch details.
PayPay says HIVEX connects overseas QR payment services with its merchant network. The system already supports several international payment services, including UnionPay App and WeChat Pay.
PayPay says HIVEX works at eligible merchants nationwide. The network excludes money-only merchants and online payment merchants.
The integration therefore builds on an existing payment infrastructure rather than requiring stores to adopt a new crypto payment system.
Stablecoins move closer to everyday spending
The rollout also highlights the growing role of stablecoins in crypto payments. Binance Pay supports USDT among other digital assets and has increasingly focused on linking crypto balances with local payment networks.
CoinDesk has reported that stablecoins account for more than 98% of Binance Pay’s business-to-consumer payment volume, based on Binance data. The company processed more than $280 billion in cumulative Binance Pay transaction volume by mid-2026, according to the same research.
For travelers, the Japan launch could simplify spending without requiring a direct conversion from crypto into yen before each purchase. Merchants, meanwhile, can continue operating through PayPay’s existing acceptance infrastructure.
The development comes as Japan’s digital payment ecosystem expands its support for overseas payment services. PayPay said in September that its HIVEX network could allow payment services used by international visitors to connect with PayPay merchants nationwide.
The Binance Pay integration adds a crypto-native payment option to that growing network, with USDT serving as the settlement asset for overseas users while Japanese merchants continue receiving yen.
