Stablecoin checkout to fiat payout
Let a payer use digital value while the merchant or beneficiary receives local fiat after screening, conversion, payout, and close records match.
Overview
A payer can use stablecoin value while the merchant or beneficiary receives fiat only after screening, conversion, payout, and close records match.
Use this when a payer sends stablecoin value but the merchant, platform, or beneficiary wants local fiat credited through bank-controlled conversion and payout.
Route coverage
- Captures payer, merchant, accepted asset, amount, wallet, and checkout reference
- Screens wallet and transaction risk and attributes the merchant order before conversion
- Locks conversion quote, spread, fees, gross amount, deductions, and net fiat amount
- Submits payout instruction, beneficiary account, payout fee, bank reference, and return route
- Matches bank credit, merchant statement, partner invoices, returns, and close metrics
Infrastructure
- Merchant, payer wallet, issuer or custodian, conversion provider, and payout bank stay explicit
- Conversion spread, checkout fee, payout fee, screening charge, partner invoice, and net merchant credit are visible
- Return hold, bank confirmation, settlement statement, and close rows prevent fiat payout ambiguity
- The route can serve checkout, marketplace payout, treasury payout, and beneficiary settlement
Lifecycle stages
| Stage | Flow steps |
|---|---|
| Checkout Receipt | Capture payer, merchant order, accepted asset, amount, wallet, and checkout reference; Show checkout fee, receipt amount, merchant settlement account, and accepted asset |
| Screening Attribution | Screen wallet and transaction risk, attribute the order, and hold returns before conversion; Show screening fee, wallet risk band, attribution state, and return reserve |
| Conversion Quote Lock | Lock conversion route, FX or spread, fees, gross amount, deductions, and net fiat amount; Show bank spread, conversion provider fee, merchant discount, and net payout |
| Fiat Payout Release | Submit payout instruction, beneficiary account, payout fee, bank reference, and return route; Show payout fee, bank submission reference, beneficiary account, and cut-off state |
| Fiat Receipt Proof | Match bank credit advice, beneficiary receipt state, payout reference, and merchant statement line; Show proof ingestion charge, paid amount, and bank confirmation reference separately from the stablecoin receipt |
| Bank Confirmation Close | Reconcile paid receipts, return reserve, refunds or reversals, partner invoices, deductions, and close metrics; Close with spread revenue, payout invoice, return reserve, refund queue, and statement proof |