Vision

Market Overview

Crypto-to-Fiat Market Overview on Wallet
The crypto-to-fiat market serves as an important bridge between the cryptocurrency ecosystem and traditional financial systems. Wallets are wallets that allow users to exchange cryptocurrencies, but most wallets do not allow buyers and sellers to trade from Crypto to Fiat. As cryptocurrency adoption increases globally, this market has become a fundamental pillar to drive accessibility and utility across both decentralized finance (DeFi) and the broader financial ecosystem.

There are currently over 1200 crypto wallet services in the market, but the perfect combination of: Crypto - Fiat - Bot trade to help users create an ecosystem for convenient trading (no KYC) is not available. WATAROS will solve that problem

Market Size and Growth 2025

Global acceptance of US and European ETFs.

Donald Trump’s BTC custody policy
Increasing global adoption of cryptocurrencies.

Increasing use of cryptocurrencies for cross-border payments and remittances by individuals and businesses

Integration of crypto payment solutions by merchants and integration of trading technology with AI.

Increasing participation of professional organizations in the crypto ecosystem.

Major Market Players

Centralized Platforms:

Coinbase: Provides seamless crypto-to-fiat conversion with strong integrations in regions like the US and Europe.

Binance, Bybit: Has fiat-to-crypto gateways that support multiple payment options like cards and bank transfers.

MEXC: Known for its global reach and KYC-free trading support

Decentralized Solutions:

Transak: Focuses on direct crypto purchases via bank transfers or cards, with broad global fiat support.

MoonPay: A widely adopted solution for buying crypto with credit/debit cards or Apple Pay/Google Pay.

Focus on User Experience:

WATAROS is simplifying the user interface to appeal to non-technical users.

WATA wallet and dApp integrations are becoming more popular for ease of use.

Expanding Payment Options:

Mobile wallets (e.g. Apple Pay, Google Pay) are increasingly supported.

Introducing stablecoin payment solutions on the WATA app, especially in emerging markets, to reduce volatility risks.

Regulatory Pressure:

WATA-wallet App Requires stricter compliance in major jurisdictions, such as the EU MiCA framework and FATF Travel Rule (we will be applying for a license within 24-36 months with a new company)

Some regions, such as China and India, impose significant restrictions, limiting market penetration.

The Rise of Stablecoins:

Stablecoins like USDT, USDC play a central role in the conversion market due to their stable prices, making them attractive for fiat conversions.

Geographic Expansion:

Providers are targeting emerging markets in Latin America, Africa and Southeast Asia where traditional banking infrastructure is limited but crypto adoption is growing rapidly.

Future Outlook

The e-wallet market is poised for significant growth as cryptocurrency adoption accelerates globally. Improvements in user experience, increased regulatory clarity, and integration with traditional and decentralized platforms are likely to position providers as key enablers in the broader financial ecosystem.

Countries will move toward having their own wallet apps and crypto-based payment systems. Becoming tech unicorns that thrive

Overview

The use of cryptocurrencies for cross-border payments and remittances is increasingly popular as an efficient, cost-effective, and secure alternative to traditional financial channels.

With over $850 billion in global remittances in 2024 (World Bank), traditional banking industries have weaknesses: slow speeds, country restrictions, and no exchange rate correspondence between banks.

Key Drivers of Payments

Cost Efficiency:

Traditional remittance services (e.g., Western Union, MoneyGram) charge fees ranging from 5-10% of the transaction value.

Cryptocurrencies, particularly stablecoins, enable cross-border transactions with fees as low as 1% or less, depending on the platform.

Speed:

Conventional international wire transfers can take 3-5 business days to process.

Crypto payments settle in near real-time (30-50 seconds), regardless of geographic location.

Accessibility:

Cryptocurrencies offer financial inclusion to unbanked or underbanked populations, which account for over 1.55 billion adults globally.

Users need only a smartphone and internet access to send or receive crypto payments. WATA WALLET wants to provide that.

Currency Volatility Mitigation:

Stablecoins like USDT, USDC are widely used for remittances to avoid the volatility associated with traditional cryptocurrencies.

Regulatory Shifts:

In some regions, governments and regulators are recognizing the potential of crypto for remittances and cross-border payments. For example:

El Salvador made Bitcoin legal tender in 2021 to facilitate remittances.

The Philippines has licensed crypto remittance platforms to promote adoption.

The US has accepted Bitcoin and accepts USDT.

Key Platforms

Crypto Remittance Platforms:

SUI (SUI Network): Uses SUI to facilitate instant cross-border payments, bypassing traditional banking systems.

BitPesa: Focuses on Africa, enabling businesses and individuals to make cross-border transactions with cryptocurrencies.

Stablecoin-Based Solutions:

Tether (USDT): Popular in regions like Latin America and Asia for its stability and high liquidity.

Hybrid Fintech Solutions:

Revolut: Offers crypto-fiat integration for global remittances with support for multiple cryptocurrencies.

Remitano: A peer-to-peer platform allowing users to send money globally using cryptocurrencies.

Why WATAROS?

Here’s a list of advantages of using Wataros :

  1. Speed
    Instant Transactions: Cryptocurrency payments and deposits on the WATA wallet are typically settled within minutes or hours, compared to traditional cross-border transfers, which can take days.

No Intermediaries: Eliminates the need for multiple banks or clearinghouses, reducing processing times. Skip the middleman with exchanges

  1. Lower cost: Minimal Fees: Crypto transactions typically incur lower fees than traditional methods, especially for large-value transfers.
  2. Transparent & Decentralized
    Blockchain Technology: Provides a public ledger for transactions, ensuring traceability and transparency.

Immutable Records: Ensures payment records cannot be altered, enhancing trust.

No Central Authority: Transactions are peer-to-peer, eliminating the need for central banks or financial institutions.

  1. Security
    Encryption and Blockchain: Provides robust security against fraud and unauthorized transactions.

Ownership Control: Users retain control over their funds, reducing risks from third-party intermediaries.

  1. Financial Inclusion
    Empowering the Unbanked: Crypto wallets allow individuals in underserved regions to participate in global commerce.

Alternative to High-Fee Systems: Offers a cost-effective alternative to high-fee remittance services for migrants.