You can send stablecoins from either your USD checking account or your stablecoin wallet, depending on how you want your transfer processed.
Prerequisites
To send stablecoins, you must:
Have a GrabrFi account (created and verified).
Make sure you have sufficient funds in either your USD checking account or your stablecoin wallet.
Complete a One time stablecoin verification (required): Before making your first stablecoin transfer, you must complete a brief compliance step required by US regulations.
Answer a short questionnaire about your financial profile and how you plan to use stablecoins.
Most customers are approved within minutes. In some cases, our partner Bridge (a licensed company owned by Stripe) may request additional documents.
Once approved, you can proceed with your transfer.
Step-by-Step Guide to Sending Stablecoins
1. Start a New Transfer
On the homepage, click on "Transfers", then in "Send USD stablecoins".
Select the type of USD stablecoin you would like to send. We currently support USDC, USDT, and PYUSD.
2. Select the Blockchain Network
Select the blockchain (network) of the wallet you'd like to send to.
You will see the associated transfer fees for each blockchain displayed upfront.
3. Add the Recipient's Crypto Wallet Details
Carefully copy and paste the recipient's wallet address for the blockchain you selected.
Crucial Note: Double-check the address before proceeding. Transfers sent to the wrong wallet cannot be reversed.
4. Choose your funding source
Checking account (USD, ACH processing)*
Wallet (stablecoin balance, blockchain speed)
Sending from your USD checking account: When you send from your checking account, USD is converted to the selected stablecoin before being sent. Processing includes ACH plus blockchain confirmation, and is typically completed the same business day (business days only). If you want faster processing times and you have balance in your Wallet, choose your Wallet as Payment method.
5. Enter the Transfer Amount
Enter the amount in USD stablecoins you wish to send.
The stablecoins will be converted from the dollars in your checking account at a 1:1 exchange rate.
You will see the total fees upfront before you confirm the transfer.
6. Review and Confirm
Review all your transfer details (stablecoin, network, amount, and recipient address).
Optional: You can choose to save this recipient to speed up future transfers.
7. Create Your Transfer
Click "Create transfer" to finalize the request.
Your transfer request is usually processed on the same or next business day, depending on banking hours and network conditions. Once processed, you or your recipient will receive the stablecoins.
Sending from your stablecoin wallet
If you already have a balance in your stablecoin wallet, you can send stablecoins directly without ACH processing. This is the fastest way to send, since the transfer only depends on blockchain confirmation.
You can start the transfer from either of these paths:
Option A: Start from Transfers
Go to Transfers and select Send stablecoin transfer.
Select the stablecoin and blockchain network you want to use.
Enter the recipient’s wallet address.
Choose Wallet as your funding source.
Enter the amount and review the transfer details.
Confirm the transfer.
Option B: Start from Wallet
Go to Wallet and select Send stablecoins.
Select the stablecoin and blockchain network.
Enter the recipient’s wallet address.
Enter the amount and review the details.
Your wallet balance (USDB or USDC) is automatically converted to the destination stablecoin you choose (USDC, USDT, or PYUSD) before the transfer is sent. Most transfers are completed within minutes, depending on blockchain confirmation times.
Comparing send options
Feature | From checking (USD) | From wallet (stablecoin) |
|---|---|---|
Funding source | USD balance | USDB/USDC balance |
Processing time | Same business day (ACH + blockchain) | Minutes (blockchain only) |
Fee (USDC/PYUSD) | 1% + $1 | 0.2% + $1 |
Fee (USDT) | 1.1% + $1 | 0.3% + $1 |
Saved recipients work for both send methods.