Can I run payroll in crypto with XEROF?

You fund it in crypto and your people receive normal money. Hold USDT or USDC with XEROF, upload the payment instructions, and each person is paid in their own currency to their bank account in 59 countries. Payments to individuals depend on the country's corridor allowing payments to people (B2C), shown in the coverage table.

Which stablecoins can fund a payout?

USDT or USDC on the Ethereum network only. Transfers on Tron, Solana, Polygon or any other network cannot be used to fund a payout.

In which currencies can a beneficiary be paid?

26 currencies across 59 countries: GHS, NGN, RWF, ZAR, UGX, ZMW, ARS, BRL, CAD, CLP, COP, MXN, PEN, USD, AUD, CNY, INR, JPY, PHP, SGD, KRW, THB, EUR, TRY, GBP and AED. The coverage table sets out the payment types and maximum per corridor.

How do I fund a payout?

You upload the invoice or payment instruction and transfer the equivalent amount in USDT or USDC. XEROF converts it and the fiat leaves to the beneficiary.

Does the beneficiary need a XEROF account?

No. The beneficiary is paid in fiat to a bank account in their own name and needs no wallet or account with XEROF.

What does a third-party payout cost?

The brokerage fee, plus 0.25% for beneficiary screening.

Can XEROF pay several beneficiaries at once?

Yes. Each beneficiary is screened separately and each payment carries its own confirmation.

Who is named as the payer on the transfer?

The payment leaves from XEROF with a reference to you and to the underlying invoice or contract.

What documentation is needed for a payout?

The invoice or payment instruction, together with the beneficiary bank details. Third-party beneficiaries are screened before the fiat is released.

What is the difference between a payout and cashing out?

A payout sends fiat to someone else, such as a supplier or counterparty. Cashing out sends the proceeds of your own conversion to your own bank account.

A supplier, counterparty or other beneficiary, to a bank account held in their own name, once screening is complete.

Is the beneficiary checked?

Yes. Third-party beneficiaries are screened before the fiat is released, which is what the 0.25% screening element of the fee covers.

Will the payment reference my invoice?

Yes. The transfer carries a reference to you and to the underlying invoice or contract, so the beneficiary can reconcile it.

Can the beneficiary be in a different country?

Yes, subject to screening and the rails available for that currency and destination.

Can a Web3 company pay suppliers in fiat from stablecoins?

Yes. The company funds the payment with USDT or USDC on the Ethereum network, converts it in XEROF Online and the supplier is paid in local currency to a bank account in the destination country: 60 corridors, 59 countries, 26 currencies.

Who sets the maximum transaction size?

The receiving market. Maxima differ by corridor and by payment type and are listed in the coverage table; XEROF does not add a limit of its own.

Is there a minimum payout?

No minimum ticket. The confirmation shows the fee before you commit.

Stablecoin payouts to bank accounts in 59 countries

How a payout works

Funding rule

Payouts are funded with USDT or USDC on Ethereum (ERC-20) only. Transfers on TRC-20, Solana, Polygon or any other network cannot be used to fund a payout.

1You upload the invoice or payment instruction with the beneficiary's bank details and transfer the equivalent amount in USDT or USDC on the Ethereum network.
2You convert the stablecoins in XEROF Online at the live market rate, passed on at cost, with the fee shown separately on your confirmation. XEROF screens the beneficiary.
3The money leaves to the recipient's bank account in the destination country over the local rail: SEPA Instant, Faster Payments, RTP, ACH, GIRO, IPI, FTS or a standard bank transfer.

Payment types: B2B business to business, B2C business to consumer, C2B consumer to business, C2C consumer to consumer. Maximum transaction sizes are set by the receiving market, not by XEROF.

Open account See pricing

Coverage

26 destinations, 26 payout currencies. Filter by region or payment type, or search a country or currency. Countries with their own page link to it.

RegionPayment typeSearch

Region	Country	Payout currency	Payment types	Maximum transaction
Africa	Ghana	GHS	B2B, B2C, C2B	USD 100,000
Africa	Nigeria	NGN	B2B, B2C, C2B	USD 50,000
Africa	Rwanda	RWF	C2C	USD 100,000
Africa	South Africa	ZAR	C2C	USD 100,000
Africa	Uganda	UGX	B2B, B2C, C2B	USD 100,000
Africa	Zambia	ZMW	B2B, B2C, C2B	USD 100,000
Americas	Argentina	ARS	B2B, B2C, C2B	ARS 10,000,000, KYC at high value
Americas	Brazil	BRL	B2B, B2C, C2B	KYC above USD 10,000
Americas	Canada	CAD	B2B, B2C	CAD 600,000
Americas	Chile	CLP	B2B, B2C, C2B	KYC above CLP 7,000,000
Americas	Colombia	COP	B2B, B2C, C2B	No maximum, KYC at high value
Americas	Mexico	MXN	B2B, B2C, C2B	MXN 200,000,000
Americas	Peru	PEN	B2B, B2C, C2B	No maximum, KYC at high value
Americas	United States	USD	B2B, B2C, C2B	RTP USD 5,000,000; ACH USD 1,000,000; wire no limit
Asia Pacific	Australia	AUD	B2B, B2C, C2B	AUD 100,000
Asia Pacific	China	CNY	B2B, B2C	B2C CNY 29,000; B2B CNY 1,000,000, no limit with contract and shipping documents
Asia Pacific	China	USD	B2B, B2C, C2B	USD 500,000
Asia Pacific	India	INR	B2B, B2C, C2B, C2C	Trade INR 1,500,000 per invoice; non-trade INR 500,000,000, C2C only
Asia Pacific	Japan	JPY	B2B, B2C, C2B	JPY 1,000,000
Asia Pacific	Philippines	PHP	B2B, B2C, C2B	PHP 50,000 real time; no limit otherwise
Asia Pacific	Singapore	SGD	B2B, B2C, C2B	SGD 1,000,000 over GIRO
Asia Pacific	South Korea	KRW	B2B, B2C, C2B	KRW 6,000,000 real time; B2B KRW 500,000,000
Asia Pacific	Thailand	THB	B2B, B2C, C2B	THB 500,000
Europe	34 SEPA countries	EUR	B2B, B2C, C2B	SEPA Instant EUR 100,000; SEPA Standard varies
Europe	Türkiye	TRY	B2B, B2C	B2B TRY 2,000,000; B2C TRY 300,000
Europe	United Kingdom	GBP, EUR	B2B, B2C, C2B	FPS GBP 1,000,000; SEPA Instant EUR 100,000; SEPA Standard varies
Middle East	United Arab Emirates	AED	B2B, B2C, C2B	AED 50,000 real time over IPI; no limit before 18:00 UAE time over FTS

The 34 SEPA countries are paid in EUR over SEPA: Andorra, Austria, Belgium, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Holy See (Vatican), Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland. Payout is in EUR, including to countries outside the euro area. Rwanda and South Africa currently support consumer to consumer payments only.

Corridor guides

The destinations with the most demand have their own page: limits, rails, documents and a worked example.

Web3 payments for companies

Web3 payments for companies means paying invoices, suppliers, contractors and developers from a stablecoin balance while the beneficiary receives local currency in a bank account. With XEROF the company funds the payment with USDT or USDC on the Ethereum network, converts it in XEROF Online and the fiat is paid to a bank account in one of 59 countries, in 26 currencies.

Who uses it: crypto-native companies, Web3 projects and businesses that hold their treasury in stablecoins and need to pay suppliers, contractors or service providers in normal currency.
What the beneficiary needs: a bank account in the destination country. The recipient receives local currency in their bank account and does not need to hold or convert crypto.
Funding: USDT or USDC on the Ethereum network only. BTC, ETH or SOL are converted to USDT or USDC first; a direct BTC, ETH or SOL conversion pays money only to your own account.
Rate and fee: the conversion runs in XEROF Online at the live market rate, passed on at cost, with the XEROF fee on its own line of the confirmation.
Screening: every recipient is checked before the money is released, and the receiving market sets the maximum transaction size.
Regulation: XEROF is a Swiss-regulated Virtual Asset Service Provider, member of VQF (No. 100954), a self-regulatory organisation recognised by FINMA.

Treasury held between payment runs stays in a wallet in the company's name, used only for the company; see custody and the Web3 banking guide.

Can a company pay staff and contractors abroad from USDT or USDC?

Yes. A company that holds USDT or USDC with XEROF can pay salaries, contractor fees and freelancer invoices in the recipient's own currency, straight to their bank account, in 59 countries and 26 currencies. The recipient does not need a crypto wallet and receives normal money. Payments to individuals are available where the country's corridor lists payments to people (B2C); the table above shows this per country.

How it works: upload the payment instruction with the recipient's bank details, transfer the equivalent in USDT or USDC on the Ethereum network, convert in XEROF Online at the live market rate, and XEROF pays the recipient in local currency.
What it costs: the XEROF fee on the conversion, shown on its own line, plus 0.25% for a payment to someone other than you. Payments in USD, EUR, GBP and CHF follow the published fee schedule; other currencies are quoted per payment before you confirm.
Checks: every recipient is checked before the money is released, and the receiving market sets the maximum per payment.
Who uses it: Web3 companies, foundations and online businesses with teams and contractors in several countries, paid from one stablecoin balance instead of many bank accounts.

What a payout costs

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.
Third-party payment: an additional 0.25% where fiat is paid to a beneficiary other than you.

These tiers apply to payouts in USD, EUR, GBP and CHF. Payouts in any other currency are priced per corridor: the stablecoin conversion carries the brokerage fee, and the local-currency leg, FX and the local rail, is quoted per payment and shown on your confirmation before you commit.

There is no minimum ticket. Conversions execute in XEROF Online at the live market rate, passed on at cost, with the fee shown separately on the confirmation. Full terms on the pricing page.

Payout questions

Can I run payroll in crypto with XEROF?: You fund it in crypto and your people receive normal money. Hold USDT or USDC with XEROF, upload the payment instructions, and each person is paid in their own currency to their bank account in 59 countries. Payments to individuals depend on the country's corridor allowing payments to people (B2C), shown in the coverage table.
Which stablecoins can fund a payout?: USDT or USDC on the Ethereum network only. Transfers on Tron, Solana, Polygon or any other network cannot be used to fund a payout.
In which currencies can a beneficiary be paid?: 26 currencies across 59 countries: GHS, NGN, RWF, ZAR, UGX, ZMW, ARS, BRL, CAD, CLP, COP, MXN, PEN, USD, AUD, CNY, INR, JPY, PHP, SGD, KRW, THB, EUR, TRY, GBP and AED. The coverage table sets out the payment types and maximum per corridor.
How do I fund a payout?: You upload the invoice or payment instruction and transfer the equivalent amount in USDT or USDC. XEROF converts it and the fiat leaves to the beneficiary.
Does the beneficiary need a XEROF account?: No. The beneficiary is paid in fiat to a bank account in their own name and needs no wallet or account with XEROF.
What does a third-party payout cost?: The brokerage fee, plus 0.25% for beneficiary screening.
Can XEROF pay several beneficiaries at once?: Yes. Each beneficiary is screened separately and each payment carries its own confirmation.
Who is named as the payer on the transfer?: The payment leaves from XEROF with a reference to you and to the underlying invoice or contract.
What documentation is needed for a payout?: The invoice or payment instruction, together with the beneficiary bank details. Third-party beneficiaries are screened before the fiat is released.
What is the difference between a payout and cashing out?: A payout sends fiat to someone else, such as a supplier or counterparty. Cashing out sends the proceeds of your own conversion to your own bank account.
Who can be paid?: A supplier, counterparty or other beneficiary, to a bank account held in their own name, once screening is complete.
Is the beneficiary checked?: Yes. Third-party beneficiaries are screened before the fiat is released, which is what the 0.25% screening element of the fee covers.
Will the payment reference my invoice?: Yes. The transfer carries a reference to you and to the underlying invoice or contract, so the beneficiary can reconcile it.
Can the beneficiary be in a different country?: Yes, subject to screening and the rails available for that currency and destination.
Can a Web3 company pay suppliers in fiat from stablecoins?: Yes. The company funds the payment with USDT or USDC on the Ethereum network, converts it in XEROF Online and the supplier is paid in local currency to a bank account in the destination country: 60 corridors, 59 countries, 26 currencies.
Can a company pay contractors directly from BTC or ETH?: Not directly. Payments to other people are funded only with USDT or USDC on the Ethereum network. Convert BTC, ETH or SOL to USDT or USDC first, then make the payout.
Who sets the maximum transaction size?: The receiving market. Maxima differ by corridor and by payment type and are listed in the coverage table; XEROF does not add a limit of its own.
Is there a minimum payout?: No minimum ticket. The confirmation shows the fee before you commit.
How are payouts in local currencies priced?: Payouts in USD, EUR, GBP and CHF follow the published Fee Schedule. Payouts in any other currency are priced per corridor: the stablecoin conversion carries the brokerage fee, and the local-currency leg, FX and the local rail, is quoted per payment and shown on your confirmation before you commit.

Maximum transaction sizes are set by the receiving market, not by XEROF.
Some corridors carry destination-specific requirements, including beneficiary documentation and purpose of payment codes, which are confirmed before the first payment.
Availability of any corridor is subject to sanctions screening, XEROF's risk appetite and the requirements of our payment partners, and may be varied or suspended without notice.
Payments are priced under the XEROF Fee Schedule. Indicative and not an offer.

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