Crypto-to-Fiat Offramp & API

Request Finance's Crypto-to-Fiat (Offramp) solution bridges the gap between Web2 and Web3 by enabling businesses to pay in cryptocurrency while beneficiaries receive traditional fiat currency. This modern payment option is designed for businesses with crypto reserves, whether they operate in Web2 or Web3.

Core Functionality

Seamless Conversion: Pay invoices using stablecoins (USDT, USDC, etc.) or other cryptocurrencies, while your beneficiaries receive fiat currency directly to their bank accounts via SWIFT transfers.

Global Coverage: Support for payments to 190+ countries in 20+ fiat currencies including USD, EUR, GBP, INR, AED, PLN, and more. Enables international contractor and supplier payments without requiring local bank accounts.

Multi-Currency Support: Accept and process payables in various fiat currencies while settling from your stablecoin treasury. Supports USDT payments for crypto-to-fiat conversions across major currencies.

No Local Banking Required: Pay suppliers or contractors in foreign currencies without setting up local bank accounts in those jurisdictions. Settle invoices directly from your stablecoin treasury.

Fast & Compliant: Execute cross-border payments that are fast, compliant, and borderless. Simplify asset conversions while enjoying swift fund settlement through established banking networks.

Reduced Complexity: Eliminate the need to manage multiple fiat accounts or navigate complex foreign exchange procedures. Pay from crypto, deliver in fiat, all through one platform.

Developer API Integration

The Offramp API enables platforms to add worldwide crypto-to-fiat payment capabilities and unlock new revenue streams through programmatic access to Request Finance's offramp infrastructure.

Global Offramp Integration: Add support for crypto-to-fiat payments to 190+ countries directly into your platform. Enable users to convert cryptocurrency to fiat and deliver to beneficiaries worldwide.

Revenue Opportunity: Create new revenue streams by offering offramp services to your user base. Monetize payment flows and provide value-added financial services.

SWIFT Integration: Deliver fiat payments to beneficiary bank accounts via SWIFT transfers, ensuring reliable and compliant international payment delivery.

Developer-Friendly API: Well-documented API endpoints for initiating offramp transactions, tracking conversion rates, monitoring transfer status, and managing beneficiary information.

Use Cases

Treasury Operations: Help businesses convert crypto holdings to fiat for operational expenses or cash management.

International Payments: Pay global contractors and suppliers in their local fiat currency while settling from your crypto treasury.

Platform Integration: Enable exchange platforms, payment platforms, and remittance services to offer crypto-to-fiat conversion capabilities to their users.

Organizations like Near Foundation use this feature to ramp up crypto-to-fiat payments, providing a simple interface to keep track of invoices and perform payments efficiently. The solution is particularly valuable for businesses looking to utilize their crypto reserves for everyday business expenses while maintaining professional relationships with traditional vendors who prefer fiat payments.