Stablecoin Payouts

Stablecoin payouts enable businesses to send funds directly to blockchain wallets using supported stablecoins such as USDT, USDC, and cNGN. Stablecoin transfers follow the same basic format: make a POST request to our Payout API

How Stablecoin Payouts Work

The payout process generally follows these steps:

1. Generate Quote (Optional): Required when converting from fiat or another currency to a stablecoin.
2. Initiate Payout: Send the payout request with a wallet address and blockchain network.
3. Processing & Settlement: The system validates the payout, performs any required conversion, and settles the funds on the selected blockchain network.

Note: Stablecoin Payouts are available to approved merchants only.

To request access, email [email protected] with the following information

• Stablecoin use case
• Payout type (First-party, Third-party, or Both)
• Expected monthly transaction volume
• Source of funds
• Nature of transactions

Our team will review your request and may require additional information or documentation before enabling Stablecoin Products on your account.

Supported Stablecoins

Supported Blockchain Networks

Each payout must specify a payment scheme corresponding to the desired network.

Example:

• usdt_trc20
• usdt_erc20
• usdt_solana
• usdt_bep20
• usdc_erc20
• usdc_solana

Wallet Beneficiaries

Unlike bank payouts, stablecoin payouts require a wallet address instead of bank account details.

Example beneficiary payload:

{
 "walletAddress": "TWMjBKD61DLXXQr6AvVnDMcVs5p46QSFzT",
 "destinationTag": "test-memo"
}