Singapore’s Morph, a blockchain infrastructure company, has undergone a rebranding to concentrate on building a global settlement layer for stablecoins, aiming to become a key force in the fast-growing onchain payments industry. Announced on October 24, 2025, this move marks Morph’s shift from a high-performance
Morph’s partnership with Bitget, a major crypto exchange boasting more than 120 million users, highlights the synergy between blockchain infrastructure and mainstream adoption. Bitget’s native token, BGB, will be used as Morph’s
This development comes amid a sharp rise in stablecoin usage, with total circulation reaching $310 billion in 2025—a 50% year-over-year jump—per DeFiLlama data. Transaction volumes exceeded $27.6 trillion in 2024, surpassing established payment networks like Visa. Forecasts indicate stablecoin value could soar to $4 trillion by 2030, fueling the need for robust infrastructure. Morph CEO Colin Goltra stressed the importance of this evolution: “Our transformation signals the next phase of blockchain’s practical use—delivering speed, security, and scalability for global finance.”
Bitget CEO Gracy Chen reaffirmed the partnership’s goals within Bitget’s “Universal Exchange” (UEX) strategy, which aims to integrate trading, payments, and DeFi into a unified platform, according to Chainwire. By incorporating Morph’s technology into Bitget’s ecosystem, users can easily move between different asset types while enjoying the same security standards that enable fast settlements. This collaboration also fits with Bitget’s wider efforts, such as sponsoring international sports events and working with UNICEF on educational projects.
With stablecoin transaction activity on the rise, the Morph-Bitget alliance reflects a larger industry movement: the merging of advanced blockchain infrastructure with accessible user applications. Leveraging Bitget’s worldwide presence and Morph’s technological progress, the partnership seeks to transform cross-border payments and establish stablecoins as a credible alternative to conventional banking systems.