Binance Pay Brings Crypto Payments to Japan's Vast Merchant Network
Binance Pay has launched in Japan, allowing eligible overseas users to spend Tether USDt (USDT) at millions of merchants nationwide. The service uses HIVEX, a payment interoperability framework that connects overseas QR payment services to PayPay-supported merchants.
According to Binance, this is the first crypto payment service to access PayPay-supported merchants through HIVEX. Merchants will continue receiving settlement in yen and do not need to opt-in separately.
PayPay is a Japanese cashless payment service accepted at major chains, smaller retailers, vending machines, taxis, and public transportation. The country welcomed a record 42.7 million international visitors in 2025, with 27.6 million visitor arrivals in the first eight months of 2026.
The service will be available starting Wednesday, allowing eligible overseas users to spend USDT at PayPay-supported merchants across Japan.