Binance Pay Integration with Japan’s PayPay Merchant Network: USDT can be used to "scan" across millions of merchants
Starting on Wednesday, visitors to Japan can use USDT to "scan" and pay for purchases.
On September 29, 2026, Binance announced that its payment service, Binance Pay, will allow eligible overseas users to use the stablecoin USDT to pay at the vast majority of merchants that support PayPay while visiting Japan. The service launched on September 30.
This collaboration enables an interconnection framework for payments through HIVEX. HIVEX was developed by TBCASoft and is designed to enable interoperability between different payment ecosystems, while allowing each party to retain its own governance structures, compliance frameworks, and commercial relationships. Binance said this is the first encrypted payment service to connect to the PayPay merchant network via HIVEX.