Stablecoin Conversions

Fiat-to-Stablecoin and Stablecoin-to-Fiat Conversion Platform

Franklin's Stablecoin Conversions feature enables businesses to seamlessly convert between fiat currency and stablecoins, as well as swap between different stablecoin types. This on-ramping and off-ramping capability is essential for companies that receive revenue in traditional currency but want to hold treasury in stablecoins, or vice versa.

Key Features

Competitive Conversion Rates

The platform provides competitive conversion rates by aggregating liquidity across multiple exchanges and DEXs to find optimal pricing. Franklin handles the technical complexity of executing conversions, including gas management and transaction routing, presenting a simple interface for treasury operations.

Fiat-to-Stablecoin Onboarding

Businesses can convert USD from traditional bank accounts into USDC, USDT, or DAI. The platform supports ACH and wire deposits that are automatically converted into stablecoins at prevailing market rates with minimal spread.

Stablecoin-to-Fiat Offramping

Allows companies to convert digital assets back into USD for expenses that require traditional banking, such as certain tax payments or vendor relationships with non-crypto suppliers. Franklin manages the entire process including proper accounting for any gains or losses on conversions.

Stablecoin Swap Functionality

Enables businesses to rebalance treasury allocations between different stablecoin types (USDC to DAI, for example) without off-ramping to fiat as an intermediary step. This is useful for companies optimizing yield strategies or managing risk across multiple stablecoin issuers.

Integrated Accounting

The platform integrates conversion history into accounting systems, properly categorizing transactions and tracking cost basis for tax purposes. All conversions include detailed reporting showing exchange rates, fees, and timing for audit trails.