Bitget brings PayFi Event to Siargao, promoting crypto adoption in local communities
Bitget is set to host the PayFi Event in Siargao, Philippines, from March 12 to 16, 2025, marking a major step in integrating crypto-based financial solutions into local economies. The initiative aligns with Bitget Wallet’s PayFi vision for 2025, which aims to bridge the gap between traditional finance and blockchain technology, making cryptocurrency more accessible for everyday transactions.
Driving crypto adoption in local communities
The PayFi Event serves as the first official activation of PayFi, focusing on integrating blockchain-powered payments into local businesses, tourism economies, and freelance operations. Through real-world applications, Bitget seeks to simplify digital payments for entrepreneurs while offering a seamless financial alternative for travelers and digital nomads.
One of the highlights of the event is Kamustahan sa Siargao, a community forum that will bring together local government representatives, small business owners, labor workers, NGOs, and youth groups. Discussions will center on how blockchain payments can drive economic growth, featuring a keynote on digital inclusion, live wallet demonstrations, and an incentive-driven crypto sign-up campaign.
A marketplace for crypto-powered businesses
The Salt & Sun Market will showcase local businesses and creative entrepreneurs using crypto payments. Attendees will experience cashless transactions via Bitget Wallet, with exclusive rewards for wallet sign-ups and a crypto-powered raffle. The initiative allows artisans and vendors to explore how blockchain-based transactions can reduce costs and expand customer reach.
Meanwhile, the Siesta sa Siargao gathering will unite digital nomads, tourists, and locals, offering crypto-based food and beverage transactions. The event will also include a Bitget Side Event, where local businesses will learn about Bitget’s products and crypto payment integration.
Bitget champions blockchain-powered financial inclusion
Throughout the event, Bitget Philippines and Bitget Wallet representatives will lead discussions, keynotes, and interactive sessions. CEO Gracy Chen emphasized the significance of the initiative, stating:
“The PayFi Event in Siargao represents a significant step towards integrating blockchain technology into daily life. By empowering local communities with crypto-based financial solutions, we aim to create a more inclusive and efficient financial ecosystem.”
Bitget has positioned itself as a leader in crypto innovation, offering secure, user-friendly solutions. Bitget Wallet, a non-custodial crypto wallet, provides asset management, instant swaps, staking, and seamless transactions.
A milestone for blockchain adoption in the Philippines
The PayFi Event in Siargao is a foundational step toward mainstreaming blockchain-powered payments. By engaging with communities and businesses, Bitget aims to modernize financial systems and foster economic growth in emerging digital economies.
To sign up for the event, visit here.
