What it is
An offramp wallet is a blockchain wallet that BlindPay creates for you. For every USDC or USDT transaction sent to the wallet, BlindPay automatically converts the funds to fiat and sends them to your bank account.
How it works
BlindPay always creates a payout automatically when the wallet receives a USDC or USDT transaction.
Supported blockchains and stablecoins
| Chain name | Stablecoins supported | Minimum | Additional fee |
|---|---|---|---|
| Tron | Only USDT | 200 USDT | 15 USDT |
| Solana | Only USDC | 50 USDC | 0 USDC |
Fee calculation example
Sending 100 USDT to an offramp wallet connected to an ACH bank account (assuming 1 USDT = $1 USD):
Step 1: Convert USDT to USD
- 100 USDT = $100.00 USD
Step 2: Deduct fees in this order:
- Additional fee: 15 USDT = $15.00 USD
- Percentage fee: 0.1% of total amount = 0.1% × $100.00 = $0.10
- Bank transfer fee: $0.40 (ACH processing fee)
Final calculation: $100.00 - $15.00 - $0.10 - $0.40 = $84.50 sent to the recipient's bank account.
Prerequisites
Before you start, you need to:
A customer and a bank account must exist before creating an offramp wallet.
Create an offramp wallet
Remember: replace
YOUR_SECRET_TOKEN with your API key and in_000000000000 with your instance ID, and re_000000000000 with your customer ID, and ba_000000000000 with your bank account ID. Bash
cURL