PayPay Takes 40% Stake in Binance Japan for Crypto Payments

Published: 2025-10-09 18:34:56 |

PayPay has agreed to acquire a 40% stake in Binance Japan under a capital and business partnership set to take effect in September 2025. The deal, subject to approval from Japan’s Financial Services Agency (FSA), will integrate Binance Japan’s crypto services into PayPay’s mobile wallet, granting its 70 million users seamless access to Bitcoin (BTC) and Ethereum (ETH) payments. Under the joint venture, PayPay and Binance Japan will apply for an FSA exchange licence and plan to introduce stablecoins on the PayPay Money app. In 2024, PayPay processed over 380 million transactions, a 36% year-on-year increase, underscoring its dominance in digital finance. Traders should watch how the PayPay Binance Japan partnership drives crypto adoption in Japan, boosts market liquidity and expands transaction volumes across the digital economy.

Bullish

The PayPay Binance Japan partnership opens crypto payments to a 70 million-strong user base, likely increasing demand for BTC and ETH. Pending FSA approval and plans for stablecoin integration add regulatory credibility and long-term growth potential. In the short term, news of a major mobile-wallet listing may spur trading volumes and price spikes. Over the long term, access to PayPay’s network and an FSA exchange licence can sustain higher liquidity and broader crypto adoption in Japan’s digital economy.