XEROF

Guide

How to pay overseas suppliers with USDT or USDC

A company that holds USDT or USDC can pay a supplier abroad without the supplier ever touching crypto. XEROF converts the stablecoins and pays the supplier's bank account in local currency, in 59 countries and 26 currencies, with the fee shown before you confirm.

Next step: see every market on the Payouts page, open a company account or book a call.

Can you pay an overseas supplier with stablecoins?

Yes. You instruct the payment from a USDT or USDC balance, and the supplier receives local currency by bank transfer to the account in its own name. The payment is funded with USDT or USDC on Ethereum (ERC-20).

  • The supplier never touches crypto: it receives local currency in a bank account in its own name.
  • The payment is funded with USDT or USDC on Ethereum (ERC-20). Other networks cannot fund a payout.
  • XEROF pays bank accounts in 59 countries and 26 currencies from one stablecoin balance.
  • The rate, the fee and the amount the supplier receives are on the confirmation before you commit.
  • Every beneficiary is checked before the first payment, so the supplier's bank receives a payment from a regulated Swiss counterparty.

Stablecoin payout or sell and wire: the options compared

Two ways to turn a stablecoin balance into a supplier payment. Both leave the supplier with an ordinary bank transfer; they differ in steps, price certainty and paper trail.

Stablecoin payout with XEROFSell on an exchange, then wire
Steps for youOne instruction from the stablecoin balanceSell, withdraw to a bank, then send a wire
RateKnown before you confirm, fee on its own lineKnown only after the sale fills, then a bank FX rate
Supplier needs a walletNoNo
Paper trailOne record from conversion to paymentSeparate records at the exchange and the bank
CounterpartyOne Swiss regulated VASPThe exchange, your bank and the correspondent banks

How to pay a supplier abroad, step by step

Five steps from account opening to the supplier's bank account.

  1. 1

    Open a company account

    Identity verification for the company and its authorised persons, completed online, typically in 3 to 5 business days.

  2. 2

    Add the supplier

    The supplier's registered name, its bank details for the destination country and the invoice. Some countries need a purpose of payment code, confirmed before the first payment.

  3. 3

    Fund with USDT or USDC

    Send USDT or USDC on Ethereum (ERC-20) to the wallet XEROF opens in your company's name. BTC, ETH or SOL are first converted to USDT or USDC.

  4. 4

    Confirm the payment

    In XEROF Online the confirmation shows the rate, the fee and the amount the supplier receives. Nothing is sent until you confirm.

  5. 5

    The supplier is paid

    The supplier receives local currency by bank transfer to the account in its own name, with the invoice reference you provide.

What it costs and how much you can send

  • Brokerage fee on the conversion by monthly volume: 1.00% up to USD 250,000, 0.85% to 1,000,000, 0.65% to 2,000,000, above that on request.
  • A payment to a beneficiary other than you, such as a supplier, adds 0.25%.
  • Payouts in USD, EUR, GBP and CHF follow the Fee Schedule. In other currencies the local leg, FX and the local rail, is quoted per payment and shown on your confirmation.
  • There is no minimum ticket. The maximum per payment depends on the receiving market and on the limits agreed with you at onboarding.

Fee tiers are on the pricing page. To hold the stablecoins in a wallet in your company's name and convert between them and USD, EUR, GBP or CHF, see the crypto business account; for the cross-border picture, the guide to international payments.

Questions about paying suppliers with stablecoins

XEROF carries out every payment from Switzerland as a financial intermediary under the Swiss Anti-Money Laundering Act, supervised through VQF membership No. 100954.

Can I pay an overseas supplier with USDT or USDC?
Yes. XEROF converts the stablecoins and pays the supplier's bank account in local currency. The supplier receives an ordinary bank transfer and needs no wallet.
Which stablecoins can fund a supplier payment?
USDT or USDC on Ethereum (ERC-20) only. A transfer on TRC-20, Solana, Polygon or any other network cannot be used to fund a payout.
Which countries can I pay suppliers in?
Bank accounts in 59 countries and 26 currencies. The full list with each market's payment types and maximum sizes is on the Payouts page.
What does a supplier payment cost?
The brokerage fee on the conversion, 1.00% at the entry tier and lower with monthly volume, plus 0.25% for a payment to a third party. Outside USD, EUR, GBP and CHF the local leg is quoted per payment.
What does the supplier's bank see?
An incoming bank transfer from a Swiss regulated counterparty, with the invoice reference you provided.
Can I pay several suppliers?
Yes. Each supplier is added and checked once as a beneficiary, and each payment is a separate instruction.
Is XEROF an exchange?
No. XEROF is a Swiss brokerage and settlement counterparty, a financial intermediary under the Anti-Money Laundering Act supervised through VQF membership No. 100954.

Paying suppliers abroad from a stablecoin balance? Our team will confirm the market, the documents and the cost before your first payment.

Talk to our teamBook a callOpen account

Cross-border Services Restrictions

FE Swiss Financial AG (XEROF) is a Swiss Virtual Asset Service Provider, member of the Financial Services Standards Association (VQF), a Swiss Self-Regulatory Organisation under the supervision of Swiss Financial Market Supervisory Authority (FINMA). XEROF's products and services are only regulated in Switzerland. They are not registered or approved outside of Switzerland.

Any information on XEROF's website (i) is not intended and should not be construed as an offer, solicitation or recommendation outside of Switzerland and (ii) may not be suitable or lawful in your jurisdiction.

You are welcome to explore XEROF's website at your own initiative. Click 'Continue' if you are either (i) a resident of, domiciled in, or an entity established in Switzerland, or (ii) are a resident of, domiciled in, or an entity established outside of Switzerland but would like to visit XEROF's site on your own initiative.

If you fall under (ii) above, when choosing 'Continue', it is important to do this on your own initiative, as XEROF is not authorized to promote its products and services outside Switzerland. If you do not wish to visit the site, please click 'Back'.

If you click 'Continue' to explore, please note that you:

  1. are confirming you have read and understood the above;
  2. are accessing XEROF's website at your own initiative, without active promotion or solicitation from XEROF;
  3. are responsible for ensuring access is lawful in your jurisdiction; and
  4. understand that exploring the website does not create a client relationship.