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.

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"
}