Ethereum Updates: Bitget and Morph Collaborate to Create Rapid Network for Worldwide Stablecoin Transactions

Singapore, October 24, 2025 – Bitget has launched its Launchpool Project COMMON, encouraging participants to stake either BGB or COMMON tokens for a chance to share in 27.77 million COMMON rewards. This initiative is part of the platform’s ongoing efforts to broaden its ecosystem, especially as stablecoin usage continues to rise, with over $310 billion now in circulation—a 50% increase since the start of the year, according to

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This development comes as Morph unveils its new identity as a global stablecoin settlement platform, featuring a high-throughput blockchain capable of processing over 10,000 transactions per second (TPS) and facilitating secure, real-time international payments. Morph’s evolution from an

Layer 2 solution to a specialized settlement network is supported by Bitget’s native token, BGB, which now functions as both the gas and governance token for Morph. This partnership connects Bitget’s liquidity with Morph’s rapid infrastructure, allowing for immediate stablecoin transfers and automated yield generation through the Bitget Wallet, the report stated.

Gracy Chen, Bitget’s CEO, highlighted the strategic partnership: “With our Universal Exchange (UEX) initiative, Bitget and Bitget Wallet are enabling users to effortlessly transition between trading, payments, and DeFi—all secured by the same technology that powers Morph’s fast settlement layer.” The report also mentioned that Jamie Elkaleh, CMO of Bitget Wallet, believes the collaboration “redefines stablecoin utility in everyday scenarios, from remittances to merchant transactions,” leveraging the wallet’s multi-chain capabilities to reach millions of users.

This launch is timely. In 2024, stablecoin transaction volumes reached $27.6 trillion, overtaking Visa’s yearly totals, and forecasts indicate the market could expand to $4 trillion by 2030, the report noted. Morph’s CEO, Colin Goltra, remarked that the rebranding marks “the next phase of blockchain’s practical use—delivering speed, security, and scalability for global finance,” positioning Morph to serve the trillion-dollar stablecoin sector.

Bitget’s staking initiative further strengthens its place in this landscape. By staking BGB or COMMON, users can earn yields while supporting the infrastructure behind Morph’s settlement system. The exchange’s partnership with Morph also demonstrates its ambition to diversify beyond trading, as seen in collaborations with prominent sports organizations like LALIGA and MotoGP, as well as its blockchain education program supported by UNICEF, the report observed.

Nevertheless, the cryptocurrency market remains unpredictable.

(BTC) and Ethereum (ETH) have experienced notable price swings in 2025, with regulatory changes and broader economic factors contributing to ongoing uncertainty.

As stablecoin integration accelerates, Bitget’s strategic partnerships with Morph and other blockchain ventures are designed to place the exchange at the leading edge of a financial landscape where, as Morph envisions, “money moves as freely as information—open, programmable, and without borders.”