Guide
Guide to Web3 banking and crypto treasury for companies
The practical fundamentals of Web3 banking, the challenges Web3 companies face with traditional banks, and how a VQF-supervised Swiss intermediary completes the fiat leg for Web3 companies that cannot hold a traditional bank account.
Key insights
- Web3 banking means financial services built for companies whose treasury, revenue or payroll lives partly on-chain.
- The core need is a reliable bridge between stablecoins and fiat, operated by a regulated counterparty.
- Benefits: faster settlement, lower fees, global reach and a clean audit trail.
- XEROF covers three regulated activities for Web3 companies: settlement, payouts and custody.
What is Web3?
Web3 is the stage of the internet that uses blockchains for settlement and ownership. Value moves between addresses without an intermediary, and every transfer is recorded on a public ledger.
Decentralisation
Data and value move across a distributed network rather than through one institution, giving users direct control over their assets.
Blockchain ledger
A transparent, tamper-resistant record of every transaction, verifiable by anyone with the address.
Transparency
On-chain settlement is visible in real time. The fiat leg is confirmed by the bank. Both sit on the same XEROF confirmation.
Web3 banking versus traditional banking
Web3 banking connects digital assets with the fiat system: compliant, fast, low-fee conversion and payment services built for companies that traditional banks struggle to serve.
Building a secure digital asset treasury for corporate use
A corporate digital asset treasury holds stablecoins and cryptoassets the way a company holds cash: with clear ownership, controls on who can move funds, and a fast route to fiat when invoices fall due.
- Hold assets in a segregated wallet in the company's own name, never pooled with other clients, on institutional custody infrastructure with disaster-recovery cover.
- Separate duties: who can request a transfer, who approves it, and which addresses funds may go to.
- Keep a working balance in USDC or USDT for payments, and convert the rest to USD, EUR, GBP or CHF as needed at the live rate, with the fee shown on its own line.
- Screen every incoming and outgoing transfer on-chain, so the treasury's records stand up to an auditor and a bank.
- Pay suppliers and staff abroad directly from the stablecoin balance to bank accounts in 59 countries.
Web3 treasury management and corporate banking for Web3 companies
Web3 treasury management is the day-to-day running of that treasury: converting revenue received in crypto, funding payroll and supplier runs, and keeping fiat and stablecoin balances in proportion. Corporate banking for Web3 companies means doing it through a regulated counterparty that a traditional bank can see and accept.
The challenges, and how XEROF addresses them
Regulation
Rules differ by country and change quickly. XEROF operates under the Swiss AMLA as a VQF member supervised by FINMA, so the compliance framework is fixed and documented.
De-banking
Traditional banks routinely close or refuse accounts for Web3 companies. XEROF was built for exactly these clients and settles fiat through tier 1 banking partners.
The fiat bridge
Converting stablecoins to operating capital and paying suppliers in fiat is the daily operational gap. XEROF's settlement and payout services close it.
XEROF's role in Web3 financial services
Three regulated activities. Nothing else.
Settlement
USDC, USDT, BTC, ETH and SOL to USD, EUR, CHF and GBP, and back. Tier 1 liquidity at cost, XEROF fee shown separately.
Payouts
Pay suppliers, contractors and invoices in fiat, funded in stablecoins, typically the same business day, with beneficiary screening on every payment.
Custody
One segregated on-chain wallet per client on institutional custody infrastructure, with statements and reporting on online.xerof.com.
Web3 banking: common questions
- How do you build a secure digital asset treasury for corporate use?
- Hold assets in a segregated wallet in the company's name on institutional custody, separate who requests and who approves transfers, keep a working stablecoin balance, screen every transfer on-chain, and use a regulated counterparty for conversion to fiat.
- What is Web3 treasury management?
- The day-to-day running of a company's crypto and stablecoin holdings: converting revenue to fiat, funding payroll and supplier payments, and keeping balances in proportion, with records an auditor and a bank will accept.
- What is Web3 banking?
- Financial services designed for companies that hold or earn digital assets: converting between stablecoins and fiat, paying fiat invoices from crypto, and holding assets with a regulated custodian.
- Is XEROF a bank?
- No. XEROF is a Swiss financial intermediary under the Anti-Money Laundering Act, regulated through VQF membership No. 100954. Fiat settles through regulated banking partners; cryptoassets are held in segregated wallets.
- How long does onboarding take?
- Online onboarding for an individual or a company typically completes in 3 to 5 business days once documents are provided.
- Which assets and currencies are supported?
- Stablecoins USDC and USDT, cryptoassets BTC, ETH and SOL, and fiat in USD, EUR, CHF and GBP.
Ready to run your Web3 company's fiat operations through a regulated Swiss counterparty?