Three updates to the SEPA EUR payouts rail we launched on May 29: more deposit chains, the ability to quote by the receiver's EUR amount, and offramp wallet support.
When you create a SEPA payout the USDC can come from any of these chains: Polygon, Ethereum, Arbitrum, Base, Solana, and Stellar. Settlement to the receiver's IBAN is unaffected, funds arrive within 5 to 30 minutes regardless of the source chain.
Native USDC only on each chain. Tron is not supported for SEPA.
Until now, every SEPA quote took a USDC amount and returned the EUR the receiver would get. You can now do the reverse: specify the EUR amount the receiver should receive and we calculate the USDC you need to send.
The mode is selected on the quote request via currency_type:
currency_type: "sender" for the USDC-amount path. Minimum 11 USDC.currency_type: "receiver" for the EUR-amount path. Minimum 10 EUR.SEPA bank accounts can now be linked to offramp wallets on Polygon, Ethereum, Arbitrum, Base, and Solana. Funds sent to the offramp wallet are converted to EUR and settled to the linked IBAN automatically, with the same 5 to 30 minute window. Tron offramp wallets cannot be paired with SEPA bank accounts.
See the offramp wallets documentation to get started.
These updates are live for every account that already has SEPA enabled. Existing SEPA bank accounts work with all the new chains and the EUR-amount quote mode without any reconfiguration.