Aqua Wallet Teases Game-Changing LatAm Expansion – What’s Coming Next?

Aqua Wallet, a digital wallet based on Bitcoin and Bitcoin L2, is receiving major updates to cater better to its Latin American (Latam) customer base. The wallet, leveraging the Liquid and Lightning networks to facilitate cheaper and quicker transactions, is a part of JAN3’s overall mission to promote Bitcoin adoption among various economic segments. By enhancing access to finance in emerging economies, Aqua Wallet intends to offer both businesses and consumers hassle-free cryptocurrency transactions.

JAN3 CEO Samson Mow made these future improvements public recently on The Bitcoin Podcast. He pointed out that the $5 million in seed capital raised in January has allowed the company to accelerate development, doubling the number of people currently working on the Aqua Wallet. The funding has allowed the team to get to work on a full refactor of the wallet’s UI, and make it more reliable and aesthetically pleasing for its community of users.

“We’ve been working on a refactor of the whole UI to make it more beautiful and more streamlined,” Mow stated. He added that the project is currently in a rapid development phase, with significant improvements expected soon.

New Payment Integrations for Latam Users

Aqua Wallet’s most recent update will feature the addition of several Latam-specific payment methods, enabling users to pay bills directly in Bitcoin (BTC) or Liquid USDT. Among the first to be included is Pix, Brazil’s national instant payment system, which has been popular because of its efficiency and low-cost payments. Mow suggested that more regional payment methods will be included in the months ahead, making the wallet even more convenient.

The announcement is a direct reflection of the increased need for cryptocurrency payment solutions in Latin America due to financial instability and inflation that has prompted most individuals and businesses to look for alternative means of storing and transferring value. Through the integration of traditional financial systems with cryptocurrency, Aqua Wallet seeks to close the gap between the new and old financial ecosystems.

Launch of the Aqua Prepaid Card

The other key milestone in the growth of Aqua Wallet is the launch of the Aqua Card, a prepaid Visa card that will function without any Know Your Customer (KYC) regulations. The card will be funded with Bitcoin and Liquid USDT and will enable the users to use it to make payments smoothly. The move follows the company’s vision to provide more financial liberty by facilitating the holders of cryptocurrencies to seamlessly interface with the traditional financial world.

Mow highlighted the need to bring Bitcoin into mainstream financial systems, saying:

“I believe this is the priority now—to blend Bitcoin with the old system because it is not yet gone.”

The Aqua Card will offer Latam users a similar banking experience to apps such as Venmo or PayPal but with added cryptocurrency features.