Before your first stablecoin transfer, you’ll be asked a few questions about your financial profile and how you intend to use stablecoins. This is an industry-standard compliance step required under U.S. regulations.
GrabrFi partners with Bridge, a licensed company owned by Stripe, to securely process your information and stablecoin transfers. Most users are approved within minutes, though in some cases, Bridge may request additional documents to verify your identity.
Note: If you were already approved for stablecoin transfers, no additional verification is needed for the stablecoin wallet. Your existing approval covers both sending/receiving stablecoins and using the wallet.