Simplifying Global Payments for Web3 Teams

We are thrilled to introduce our latest feature: Stablecoins-to-Bank Payouts.

This solution allows onchain teams to make payments directly from their crypto wallet to a recipient's bank account in fiat for all their operational needs, including payroll and vendor invoices.

The Problems We're Solving

Many funded Web3 teams with crypto treasuries struggle with a cumbersome, multi-step process for making fiat payments, especially across borders.

This typically involves:

1. Transferring crypto from your Wallet to an OTC provider
2. Off-ramping to a corporate/ your bank account
3. Converting between fiat currencies
4. Transferring to the recipient's bank account

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This process is not only time-consuming but can also incur significant fees at each step.

Simply getting onboarded to an OTC provider - or choosing which OTC provider has the best rates for your specific setup can already be a barrier that many crypto companies struggle to overcome.

Once set up with an OTC provider, onchain teams may also face arduous and time-consuming issues such as opening a bank account for cross-border fiat payouts. payments can also be rejected by banks, or funds withheld as they look to verify the source of funds.

Instead, we're building a white-glove solution that offers onchain teams the flexibility of paying directly from their onchain wallet - directly to bank accounts globally.

‍Introducing stablecoins-to-Bank Payouts on Headquarters (HQ.xyz)

Our new feature revolutionizes this process with a direct, one-step transfer from your crypto wallet to your recipients' bank accounts.

Here's what makes it special:

• Direct Transfers from your wallet to third-party bank accounts, bypassing exchanges and neobanks in more than 10 currencies
• One transparent fee instead of paying multiple parties just to move your funds
• Time-saving as you can perform bulk global payouts directly from the HQ dashboard
• Fast onboarding - Get verified within a week

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Supported Cryptocurrencies, Networks, and Fiat Currencies

Currently, we support payouts in USDC on the Ethereum network. As for fiat currencies, we currently support the following fiat currencies:

• USD (SWIFT and ACH)
• EUR (SEPA)
• SGD

We are working on adding more currencies soon to meet the diverse needs of our global user base.

Getting Started

Stablecoins-to-Bank Payouts is exclusively available for our Business plan users. To access this feature:

1. Log in to your HQ dashboard
2. Navigate to the new "Crypto to Fiat" section under "Payouts"
3. Follow the prompts to complete the KYB process
4. Start adding recipients and making payments!

Want Dedicated Onboarding for Your Onchain Team?

Ready to experience the ease of Stablecoins-to-Bank transfers?

We've prepared a comprehensive step-by-step guide to help you navigate this process. Click here to access our detailed tutorial or reach contact us here to get onboarded.

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