[{"data":1,"prerenderedAt":1074},["ShallowReactive",2],{"content-\u002Fresources\u002Fmore\u002Fhow-to-track-a-crypto-off-ramp-payout":3,"resources-category-how-to-track-a-crypto-off-ramp-payout":788},{"id":4,"title":5,"authors":6,"body":7,"categories":6,"category":758,"categoryType":6,"compare":6,"contributors":6,"date":759,"description":760,"extension":761,"faq":762,"howto":6,"isBlog":778,"isChangelog":778,"meta":779,"navigation":781,"path":782,"pillar":778,"products":6,"rawbody":783,"role":6,"seo":784,"seoTitle":785,"stem":786,"thumbnail":6,"updated":759,"__hash__":787},"content\u002Fresources\u002Fmore\u002Fhow-to-track-a-crypto-off-ramp-payout.md","Where is my off-ramp payout? How to track it rail by rail, and what to tell the recipient",null,{"type":8,"value":9,"toc":746},"minimark",[10,14,17,22,47,51,60,207,228,259,263,400,403,416,428,439,443,446,472,475,479,494,577,585,608,612,615,666,674,678,681,713,721,725,740],[11,12,13],"p",{},"To track an off-ramp payout, follow the stablecoin leg by its transaction hash and the fiat leg by the reference its rail assigns: the end-to-end ID on Pix, the clave de rastreo on SPEI, the trace number on ACH, the IMAD on Fedwire, the UETR on SWIFT, or the end-to-end ID on SEPA. The provider's status shows which stage the payout is in.",[11,15,16],{},"Most \"where is my money\" tickets get solved by handing over the right reference. Here's which one, and when.",[18,19,21],"h2",{"id":20},"key-takeaways","Key takeaways",[23,24,25,29,32,44],"ul",{},[26,27,28],"li",{},"Every off-ramp payout has two trackable halves: an on-chain transfer and a bank payment.",[26,30,31],{},"Each rail has its own reference. The recipient's bank can find a payment in minutes with it, and in days without it.",[26,33,34,35,39,40,43],{},"Statuses tell you the stage. ",[36,37,38],"code",{},"On hold"," is a review, not an error, and ",[36,41,42],{},"completed"," means the money reached the rail, not that the recipient checked their app.",[26,45,46],{},"Write status copy per stage and per rail before launch. Support teams answer the same five questions all day.",[18,48,50],{"id":49},"what-are-the-stages-of-an-off-ramp-payout","What are the stages of an off-ramp payout?",[11,52,53,54,59],{},"Seven stages, and a recipient-facing message for each. The statuses are BlindPay's, from the ",[55,56,58],"a",{"href":57},"\u002Fdocs\u002Fpayouts","payouts reference",". Other providers use similar names.",[61,62,63,82],"table",{},[64,65,66],"thead",{},[67,68,69,73,76,79],"tr",{},[70,71,72],"th",{},"Stage",[70,74,75],{},"What's happening",[70,77,78],{},"Provider status and event",[70,80,81],{},"What to tell the recipient",[83,84,85,100,120,139,154,171,189],"tbody",{},[67,86,87,91,94,97],{},[88,89,90],"td",{},"Quote accepted",[88,92,93],{},"Rate and fees locked for a few minutes",[88,95,96],{},"Quote created",[88,98,99],{},"\"Your payment of R$5,000.00 is confirmed at this rate.\"",[67,101,102,105,108,117],{},[88,103,104],{},"Stablecoins collected",[88,106,107],{},"Funds pulled from the sender's wallet",[88,109,110,113,114],{},[36,111,112],{},"processing",", ",[36,115,116],{},"payout.new",[88,118,119],{},"\"We've received the funds and started your transfer.\"",[67,121,122,125,128,136],{},[88,123,124],{},"Compliance review",[88,126,127],{},"Payout held for screening or documents",[88,129,130,113,133],{},[36,131,132],{},"on_hold",[36,134,135],{},"payout.update",[88,137,138],{},"\"Your payment is being reviewed. No action needed unless we contact you.\"",[67,140,141,144,147,151],{},[88,142,143],{},"Converting",[88,145,146],{},"Stablecoins converted to local currency",[88,148,149],{},[36,150,112],{},[88,152,153],{},"\"We're converting your payment to reais.\"",[67,155,156,159,162,168],{},[88,157,158],{},"Sent to the bank",[88,160,161],{},"Payment submitted to Pix, SPEI, ACH, SEPA, or SWIFT",[88,163,164,113,166],{},[36,165,112],{},[36,167,135],{},[88,169,170],{},"\"Your payment is on its way to your bank. Expected: within minutes.\"",[67,172,173,176,179,186],{},[88,174,175],{},"Settled",[88,177,178],{},"Payment reached the receiving bank",[88,180,181,113,183],{},[36,182,42],{},[36,184,185],{},"payout.complete",[88,187,188],{},"\"Paid. Reference: E2E ID E1234...\"",[67,190,191,194,197,204],{},[88,192,193],{},"Returned",[88,195,196],{},"Stablecoins sent back instead of converting",[88,198,199,113,202],{},[36,200,201],{},"refunded",[36,203,185],{},[88,205,206],{},"\"The bank couldn't accept this payment. Please check your account details.\"",[11,208,209,210,213,214,216,217,219,220,222,223,227],{},"Two statuses need care. A ",[36,211,212],{},"failed"," payout fires ",[36,215,135],{},", not ",[36,218,185],{},", and at BlindPay it doesn't refund automatically. And ",[36,221,132],{}," isn't a failure, so never show it in red. The ",[55,224,226],{"href":225},"\u002Fresources\u002Fmore\u002Fstablecoin-payout-statuses-explained","payout statuses explainer"," covers which statuses are final and why.",[11,229,230,231,113,234,113,237,113,240,243,244,247,248,113,250,113,252,255,256,258],{},"Each BlindPay payout also carries tracking objects (",[36,232,233],{},"tracking_transaction",[36,235,236],{},"tracking_liquidity",[36,238,239],{},"tracking_payment",[36,241,242],{},"tracking_complete",") whose ",[36,245,246],{},"step"," moves through ",[36,249,112],{},[36,251,132],{},[36,253,254],{},"pending_review",", and ",[36,257,42],{},". They're what lets you split \"converting\" from \"sent to the bank\" in your own UI.",[18,260,262],{"id":261},"which-reference-does-each-rail-give-you","Which reference does each rail give you?",[61,264,265,281],{},[64,266,267],{},[67,268,269,272,275,278],{},[70,270,271],{},"Rail",[70,273,274],{},"Reference",[70,276,277],{},"Format",[70,279,280],{},"Where it's checked",[83,282,283,297,316,334,352,369,387],{},[67,284,285,288,291,294],{},[88,286,287],{},"Blockchain",[88,289,290],{},"Transaction hash",[88,292,293],{},"Hex or base58 string, per chain",[88,295,296],{},"Block explorer: Etherscan, Polygonscan, Basescan, Arbiscan, Solscan, Tronscan, StellarExpert",[67,298,299,302,305,313],{},[88,300,301],{},"Pix (Brazil)",[88,303,304],{},"End-to-end ID (E2E ID)",[88,306,307],{},[55,308,312],{"href":309,"rel":310},"https:\u002F\u002Fgithub.com\u002Fbacen\u002Fpix-api\u002Fblob\u002Fmaster\u002Fopenapi.yaml",[311],"nofollow","32 alphanumeric characters",[88,314,315],{},"Recipient's bank app or statement",[67,317,318,321,324,331],{},[88,319,320],{},"SPEI (Mexico)",[88,322,323],{},"Clave de rastreo",[88,325,326],{},[55,327,330],{"href":328,"rel":329},"https:\u002F\u002Fwww.banxico.org.mx\u002Fcep\u002F",[311],"Up to 30 alphanumeric characters",[88,332,333],{},"Banxico's CEP lookup",[67,335,336,339,342,349],{},[88,337,338],{},"ACH (US)",[88,340,341],{},"Trace number",[88,343,344],{},[55,345,348],{"href":346,"rel":347},"https:\u002F\u002Fachdevguide.nacha.org\u002Fach-file-details",[311],"15 digits, assigned by the originating bank",[88,350,351],{},"Recipient's bank",[67,353,354,357,360,367],{},[88,355,356],{},"Fedwire (US)",[88,358,359],{},"IMAD",[88,361,362],{},[55,363,366],{"href":364,"rel":365},"https:\u002F\u002Fwww.frbservices.org\u002Fresources\u002Ffinancial-services\u002Fwires\u002Ffaq\u002Fiso-20022\u002Fformat",[311],"Input Message Accountability Data",[88,368,351],{},[67,370,371,374,377,384],{},[88,372,373],{},"SWIFT",[88,375,376],{},"UETR",[88,378,379],{},[55,380,383],{"href":381,"rel":382},"https:\u002F\u002Fwww.swift.com\u002Fpayments\u002Fwhat-unique-end-end-transaction-reference-uetr",[311],"36-character unique identifier",[88,385,386],{},"Any bank in the chain, through Swift gpi tracking",[67,388,389,392,395,398],{},[88,390,391],{},"SEPA",[88,393,394],{},"End-to-end ID",[88,396,397],{},"Up to 35 characters, set by the sender",[88,399,351],{},[11,401,402],{},"A few notes from the field.",[11,404,405,409,410,415],{},[406,407,408],"strong",{},"Pix."," The E2E ID identifies the payment across the whole Pix system. If something goes wrong, it's also what the recipient's bank needs for a devolução (refund). The Central Bank's ",[55,411,414],{"href":412,"rel":413},"https:\u002F\u002Fwww.bcb.gov.br\u002Fcontent\u002Festabilidadefinanceira\u002Fpix\u002FGuia_MED.pdf",[311],"MED guide"," sets the rules for fraud-related returns, including an 80-day window from the original payment.",[11,417,418,421,422,427],{},[406,419,420],{},"SPEI."," The clave de rastreo is the most useful reference in Latin America, because anyone can check it. SPEI runs ",[55,423,426],{"href":424,"rel":425},"https:\u002F\u002Fwww.banxico.org.mx\u002Fservicios\u002Fspei_-informacion-banco-mex.html",[311],"24\u002F7",", so payouts settle at any hour.",[11,429,430,433,434,438],{},[406,431,432],{},"SWIFT."," Cross-border SWIFT payments moved to ISO 20022 messages when the coexistence period with the old MT format ended in November 2025, and the UETR carries over. With it, the recipient's bank can see which correspondent is holding the payment and why. BlindPay's SWIFT (POBO\u002FCOBO) payouts carry UETR tracking and MT103 confirmations, which recipients' finance teams and auditors already know how to read (",[55,435,437],{"href":436},"\u002Fpobo-cobo-swift","how POBO\u002FCOBO works",").",[18,440,442],{"id":441},"how-do-you-check-a-spei-payment-yourself","How do you check a SPEI payment yourself?",[11,444,445],{},"Mexico is the one rail where the sender can verify settlement without the recipient's bank.",[447,448,449,457,460,463,466,469],"ol",{},[26,450,451,452,456],{},"Go to ",[55,453,455],{"href":328,"rel":454},[311],"banxico.org.mx\u002Fcep",".",[26,458,459],{},"Enter the date of the transfer.",[26,461,462],{},"Enter the clave de rastreo, or the reference number.",[26,464,465],{},"Select the sending bank and the receiving bank.",[26,467,468],{},"Enter the recipient's CLABE and the exact amount.",[26,470,471],{},"Download the CEP (Comprobante Electrónico de Pago).",[11,473,474],{},"The CEP is built from the receiving bank's information, which is why recipients and auditors accept it. It's the best answer to \"I didn't get it\" on a SPEI payout.",[18,476,478],{"id":477},"what-does-blindpay-return-for-tracking","What does BlindPay return for tracking?",[11,480,481,482,486,487,490,491,493],{},"Statuses and webhooks for every payout, plus the rail references that the rail provides. Per the ",[55,483,485],{"href":484},"\u002Fdocs\u002Fkb\u002Fpobo-cobo","POBO\u002FCOBO guide",", these arrive on ",[36,488,489],{},"GET \u002Fpayouts\u002F{id}"," and on the ",[36,492,185],{}," webhook:",[61,495,496,522],{},[64,497,498],{},[67,499,500,502,507,512,517],{},[70,501,271],{},[70,503,504],{},[36,505,506],{},"provider_uetr",[70,508,509],{},[36,510,511],{},"provider_imad",[70,513,514],{},[36,515,516],{},"provider_reference",[70,518,519],{},[36,520,521],{},"provider_clearing_system",[83,523,524,541,562],{},[67,525,526,529,532,535,537],{},[88,527,528],{},"International SWIFT",[88,530,531],{},"Yes",[88,533,534],{},"No",[88,536,534],{},[88,538,539],{},[36,540,373],{},[67,542,543,546,548,550,553],{},[88,544,545],{},"Domestic wire",[88,547,531],{},[88,549,531],{},[88,551,552],{},"Sometimes",[88,554,555,558,559],{},[36,556,557],{},"FED"," or ",[36,560,561],{},"CHIPS",[67,563,564,567,569,571,573],{},[88,565,566],{},"ACH",[88,568,534],{},[88,570,534],{},[88,572,552],{},[88,574,575],{},[36,576,566],{},[11,578,579,581,582,584],{},[36,580,506],{}," stays null while the payment is in flight and fills in once the wire is confirmed. ",[36,583,516],{}," is a bank-side booking reference, not the formal ACH trace number, so don't hand it to a bank as one.",[11,586,587,588,590,591,594,595,598,599,602,603,607],{},"SWIFT payouts add one more object. They start ",[36,589,132],{}," until compliance documents are approved, and ",[36,592,593],{},"tracking_documents"," reports progress from ",[36,596,597],{},"waiting_documents"," to ",[36,600,601],{},"compliance_reviewing"," (",[55,604,606],{"href":605},"\u002Fdocs\u002Fkb\u002Fswift-statuses","SWIFT statuses","). Documents must be submitted within 30 days of payout creation.",[18,609,611],{"id":610},"how-should-support-answer-where-is-my-money","How should support answer \"where is my money\"?",[11,613,614],{},"Work from the status, in this order.",[447,616,617,633,644,652,659],{},[26,618,619,624,625,627,628,632],{},[406,620,621,623],{},[36,622,112],{}," longer than the rail's normal time."," Check which tracking object is still open. A stuck ",[36,626,239],{}," with a business-day rail usually means a cut-off was missed. The ",[55,629,631],{"href":630},"\u002Fresources\u002Fmore\u002Fstablecoin-payout-settlement-times","settlement times by rail"," give the normal window.",[26,634,635,639,640,438],{},[406,636,637,456],{},[36,638,132],{}," Tell the recipient it's under review. Don't retry. Answer any request for information within hours, since an unanswered one can end in a refund (",[55,641,643],{"href":642},"\u002Fdocs\u002Fkb\u002Fon-hold-transactions","on-hold transactions",[26,645,646,651],{},[406,647,648,650],{},[36,649,42],{},", recipient says no."," Send the rail reference. The recipient's bank finds the payment with it, then credits it or explains the delay.",[26,653,654,658],{},[406,655,656,456],{},[36,657,201],{}," The stablecoins went back to the funding source. Fix the bank details, usually a name or account number problem, and send a new payout with a new quote.",[26,660,661,665],{},[406,662,663,456],{},[36,664,212],{}," At BlindPay this doesn't refund automatically. Open a ticket with support instead of waiting.",[11,667,668,669,673],{},"Keep every reference in your own ledger next to the payout ID. Finance asks for them months later, during reconciliation. The ",[55,670,672],{"href":671},"\u002Fresources\u002Fmore\u002Fstablecoin-api-webhooks-reconciliation","webhooks and reconciliation guide"," shows how to store events so they don't get processed twice.",[18,675,677],{"id":676},"how-should-status-copy-read","How should status copy read?",[11,679,680],{},"Short, specific, and per rail.",[23,682,683,689,695,701,707],{},[26,684,685,688],{},[406,686,687],{},"Give the ETA for the rail, not the provider."," \"Within minutes\" for Pix and SPEI. \"One to two business days\" for ACH.",[26,690,691,694],{},[406,692,693],{},"Say what the recipient can do."," Usually nothing, until a reference exists.",[26,696,697,700],{},[406,698,699],{},"Show the reference as soon as you have it."," E2E ID, clave de rastreo, UETR.",[26,702,703,706],{},[406,704,705],{},"Don't say \"instant\" before settlement."," Say it after.",[26,708,709,712],{},[406,710,711],{},"Never show a review as an error."," Grey or neutral, not red.",[11,714,715,716,720],{},"The ",[55,717,719],{"href":718},"\u002Fresources\u002Fmore\u002Fstablecoin-payout-mistakes","payout mistakes guide"," lists the errors that cause most returns in the first place.",[18,722,724],{"id":723},"how-does-blindpay-help-you-track-payouts","How does BlindPay help you track payouts?",[11,726,727,728,730,731,733,734,736,737,739],{},"BlindPay reports every payout through statuses, tracking objects, and webhooks, from the moment the stablecoins are collected to the moment local currency lands. SWIFT and domestic wire payouts carry the UETR, wires carry the IMAD, and SWIFT compliance progress shows up in ",[36,729,593],{},". Start with the ",[55,732,58],{"href":57},", then wire ",[36,735,135],{}," and ",[36,738,185],{}," into your status page.",[11,741,742],{},[743,744,745],"em",{},"This article is for general information only and is not legal, tax, or financial advice.",{"title":747,"searchDepth":748,"depth":748,"links":749},"",2,[750,751,752,753,754,755,756,757],{"id":20,"depth":748,"text":21},{"id":49,"depth":748,"text":50},{"id":261,"depth":748,"text":262},{"id":441,"depth":748,"text":442},{"id":477,"depth":748,"text":478},{"id":610,"depth":748,"text":611},{"id":676,"depth":748,"text":677},{"id":723,"depth":748,"text":724},"payments","2026-09-12","Track an off-ramp payout from transaction hash to bank: the reference each rail gives you (Pix E2E ID, SPEI key, ACH trace, UETR) and status copy.","md",[763,766,769,772,775],{"q":764,"a":765},"How do I track a crypto off-ramp payout?","In two halves. Track the stablecoin leg by its transaction hash on a block explorer. Track the fiat leg with the reference the bank rail assigns: the end-to-end ID on Pix, the clave de rastreo on SPEI, the trace number on ACH, the IMAD on Fedwire, the UETR on SWIFT, or the end-to-end ID on SEPA. In between, the provider's payout status tells you which stage it's in.",{"q":767,"a":768},"The provider says completed but the recipient hasn't received the money. What now?","Give the recipient the rail reference and ask them to raise it with their bank. Completed means the payment reached the receiving bank's network, and the bank may still be crediting the account, holding it for its own checks, or have applied it to the wrong account. A UETR, IMAD, or SPEI tracking key lets the bank find the exact payment instead of searching by amount and date.",{"q":770,"a":771},"How do I check a SPEI transfer in Mexico?","Use Banxico's CEP lookup at banxico.org.mx\u002Fcep. Enter the transfer date, the clave de rastreo (tracking key) or reference number, the sending and receiving banks, the receiving account, and the amount. If the payment settled, you can download the CEP, an electronic proof of payment generated from the receiving bank's information. Banxico lists query hours of 09:30 to 23:00.",{"q":773,"a":774},"What is a UETR and where do I find it?","A UETR is the Unique End-to-end Transaction Reference attached to a SWIFT payment. Every bank in the chain uses the same identifier, so the recipient's bank can trace the payment through correspondents with it. On BlindPay it's returned as provider_uetr on the payout and the payout.complete webhook, for SWIFT and domestic wire payouts, once the wire is confirmed. It's empty while the payment is in flight.",{"q":776,"a":777},"Should I retry a payout that's on hold?","No. On hold means the payout is waiting for a review, not that it failed. Retrying creates a second payout that can land on hold too, and both may go through. Leave it, answer any request for information quickly, and tell the recipient the payment is being checked. At BlindPay, on hold resolves to processing, completed, failed, or refunded.",false,{"author":780},"BlindPay Team",true,"\u002Fresources\u002Fmore\u002Fhow-to-track-a-crypto-off-ramp-payout","---\ntitle: \"Where is my off-ramp payout? How to track it rail by rail, and what to tell the recipient\"\nseoTitle: \"How to track a crypto off-ramp payout, rail by rail\"\ndescription: \"Track an off-ramp payout from transaction hash to bank: the reference each rail gives you (Pix E2E ID, SPEI key, ACH trace, UETR) and status copy.\"\ndate: \"2026-09-12\"\nupdated: \"2026-09-12\"\ncategory: \"payments\"\nauthor: \"BlindPay Team\"\nfaq:\n  - q: \"How do I track a crypto off-ramp payout?\"\n    a: \"In two halves. Track the stablecoin leg by its transaction hash on a block explorer. Track the fiat leg with the reference the bank rail assigns: the end-to-end ID on Pix, the clave de rastreo on SPEI, the trace number on ACH, the IMAD on Fedwire, the UETR on SWIFT, or the end-to-end ID on SEPA. In between, the provider's payout status tells you which stage it's in.\"\n  - q: \"The provider says completed but the recipient hasn't received the money. What now?\"\n    a: \"Give the recipient the rail reference and ask them to raise it with their bank. Completed means the payment reached the receiving bank's network, and the bank may still be crediting the account, holding it for its own checks, or have applied it to the wrong account. A UETR, IMAD, or SPEI tracking key lets the bank find the exact payment instead of searching by amount and date.\"\n  - q: \"How do I check a SPEI transfer in Mexico?\"\n    a: \"Use Banxico's CEP lookup at banxico.org.mx\u002Fcep. Enter the transfer date, the clave de rastreo (tracking key) or reference number, the sending and receiving banks, the receiving account, and the amount. If the payment settled, you can download the CEP, an electronic proof of payment generated from the receiving bank's information. Banxico lists query hours of 09:30 to 23:00.\"\n  - q: \"What is a UETR and where do I find it?\"\n    a: \"A UETR is the Unique End-to-end Transaction Reference attached to a SWIFT payment. Every bank in the chain uses the same identifier, so the recipient's bank can trace the payment through correspondents with it. On BlindPay it's returned as provider_uetr on the payout and the payout.complete webhook, for SWIFT and domestic wire payouts, once the wire is confirmed. It's empty while the payment is in flight.\"\n  - q: \"Should I retry a payout that's on hold?\"\n    a: \"No. On hold means the payout is waiting for a review, not that it failed. Retrying creates a second payout that can land on hold too, and both may go through. Leave it, answer any request for information quickly, and tell the recipient the payment is being checked. At BlindPay, on hold resolves to processing, completed, failed, or refunded.\"\n---\n\nTo track an off-ramp payout, follow the stablecoin leg by its transaction hash and the fiat leg by the reference its rail assigns: the end-to-end ID on Pix, the clave de rastreo on SPEI, the trace number on ACH, the IMAD on Fedwire, the UETR on SWIFT, or the end-to-end ID on SEPA. The provider's status shows which stage the payout is in.\n\nMost \"where is my money\" tickets get solved by handing over the right reference. Here's which one, and when.\n\n## Key takeaways\n\n- Every off-ramp payout has two trackable halves: an on-chain transfer and a bank payment.\n- Each rail has its own reference. The recipient's bank can find a payment in minutes with it, and in days without it.\n- Statuses tell you the stage. `On hold` is a review, not an error, and `completed` means the money reached the rail, not that the recipient checked their app.\n- Write status copy per stage and per rail before launch. Support teams answer the same five questions all day.\n\n## What are the stages of an off-ramp payout?\n\nSeven stages, and a recipient-facing message for each. The statuses are BlindPay's, from the [payouts reference](\u002Fdocs\u002Fpayouts). Other providers use similar names.\n\n| Stage | What's happening | Provider status and event | What to tell the recipient |\n| --- | --- | --- | --- |\n| Quote accepted | Rate and fees locked for a few minutes | Quote created | \"Your payment of R$5,000.00 is confirmed at this rate.\" |\n| Stablecoins collected | Funds pulled from the sender's wallet | `processing`, `payout.new` | \"We've received the funds and started your transfer.\" |\n| Compliance review | Payout held for screening or documents | `on_hold`, `payout.update` | \"Your payment is being reviewed. No action needed unless we contact you.\" |\n| Converting | Stablecoins converted to local currency | `processing` | \"We're converting your payment to reais.\" |\n| Sent to the bank | Payment submitted to Pix, SPEI, ACH, SEPA, or SWIFT | `processing`, `payout.update` | \"Your payment is on its way to your bank. Expected: within minutes.\" |\n| Settled | Payment reached the receiving bank | `completed`, `payout.complete` | \"Paid. Reference: E2E ID E1234...\" |\n| Returned | Stablecoins sent back instead of converting | `refunded`, `payout.complete` | \"The bank couldn't accept this payment. Please check your account details.\" |\n\nTwo statuses need care. A `failed` payout fires `payout.update`, not `payout.complete`, and at BlindPay it doesn't refund automatically. And `on_hold` isn't a failure, so never show it in red. The [payout statuses explainer](\u002Fresources\u002Fmore\u002Fstablecoin-payout-statuses-explained) covers which statuses are final and why.\n\nEach BlindPay payout also carries tracking objects (`tracking_transaction`, `tracking_liquidity`, `tracking_payment`, `tracking_complete`) whose `step` moves through `processing`, `on_hold`, `pending_review`, and `completed`. They're what lets you split \"converting\" from \"sent to the bank\" in your own UI.\n\n## Which reference does each rail give you?\n\n| Rail | Reference | Format | Where it's checked |\n| --- | --- | --- | --- |\n| Blockchain | Transaction hash | Hex or base58 string, per chain | Block explorer: Etherscan, Polygonscan, Basescan, Arbiscan, Solscan, Tronscan, StellarExpert |\n| Pix (Brazil) | End-to-end ID (E2E ID) | [32 alphanumeric characters](https:\u002F\u002Fgithub.com\u002Fbacen\u002Fpix-api\u002Fblob\u002Fmaster\u002Fopenapi.yaml) | Recipient's bank app or statement |\n| SPEI (Mexico) | Clave de rastreo | [Up to 30 alphanumeric characters](https:\u002F\u002Fwww.banxico.org.mx\u002Fcep\u002F) | Banxico's CEP lookup |\n| ACH (US) | Trace number | [15 digits, assigned by the originating bank](https:\u002F\u002Fachdevguide.nacha.org\u002Fach-file-details) | Recipient's bank |\n| Fedwire (US) | IMAD | [Input Message Accountability Data](https:\u002F\u002Fwww.frbservices.org\u002Fresources\u002Ffinancial-services\u002Fwires\u002Ffaq\u002Fiso-20022\u002Fformat) | Recipient's bank |\n| SWIFT | UETR | [36-character unique identifier](https:\u002F\u002Fwww.swift.com\u002Fpayments\u002Fwhat-unique-end-end-transaction-reference-uetr) | Any bank in the chain, through Swift gpi tracking |\n| SEPA | End-to-end ID | Up to 35 characters, set by the sender | Recipient's bank |\n\nA few notes from the field.\n\n**Pix.** The E2E ID identifies the payment across the whole Pix system. If something goes wrong, it's also what the recipient's bank needs for a devolução (refund). The Central Bank's [MED guide](https:\u002F\u002Fwww.bcb.gov.br\u002Fcontent\u002Festabilidadefinanceira\u002Fpix\u002FGuia_MED.pdf) sets the rules for fraud-related returns, including an 80-day window from the original payment.\n\n**SPEI.** The clave de rastreo is the most useful reference in Latin America, because anyone can check it. SPEI runs [24\u002F7](https:\u002F\u002Fwww.banxico.org.mx\u002Fservicios\u002Fspei_-informacion-banco-mex.html), so payouts settle at any hour.\n\n**SWIFT.** Cross-border SWIFT payments moved to ISO 20022 messages when the coexistence period with the old MT format ended in November 2025, and the UETR carries over. With it, the recipient's bank can see which correspondent is holding the payment and why. BlindPay's SWIFT (POBO\u002FCOBO) payouts carry UETR tracking and MT103 confirmations, which recipients' finance teams and auditors already know how to read ([how POBO\u002FCOBO works](\u002Fpobo-cobo-swift)).\n\n## How do you check a SPEI payment yourself?\n\nMexico is the one rail where the sender can verify settlement without the recipient's bank.\n\n1. Go to [banxico.org.mx\u002Fcep](https:\u002F\u002Fwww.banxico.org.mx\u002Fcep\u002F).\n2. Enter the date of the transfer.\n3. Enter the clave de rastreo, or the reference number.\n4. Select the sending bank and the receiving bank.\n5. Enter the recipient's CLABE and the exact amount.\n6. Download the CEP (Comprobante Electrónico de Pago).\n\nThe CEP is built from the receiving bank's information, which is why recipients and auditors accept it. It's the best answer to \"I didn't get it\" on a SPEI payout.\n\n## What does BlindPay return for tracking?\n\nStatuses and webhooks for every payout, plus the rail references that the rail provides. Per the [POBO\u002FCOBO guide](\u002Fdocs\u002Fkb\u002Fpobo-cobo), these arrive on `GET \u002Fpayouts\u002F{id}` and on the `payout.complete` webhook:\n\n| Rail | `provider_uetr` | `provider_imad` | `provider_reference` | `provider_clearing_system` |\n| --- | --- | --- | --- | --- |\n| International SWIFT | Yes | No | No | `SWIFT` |\n| Domestic wire | Yes | Yes | Sometimes | `FED` or `CHIPS` |\n| ACH | No | No | Sometimes | `ACH` |\n\n`provider_uetr` stays null while the payment is in flight and fills in once the wire is confirmed. `provider_reference` is a bank-side booking reference, not the formal ACH trace number, so don't hand it to a bank as one.\n\nSWIFT payouts add one more object. They start `on_hold` until compliance documents are approved, and `tracking_documents` reports progress from `waiting_documents` to `compliance_reviewing` ([SWIFT statuses](\u002Fdocs\u002Fkb\u002Fswift-statuses)). Documents must be submitted within 30 days of payout creation.\n\n## How should support answer \"where is my money\"?\n\nWork from the status, in this order.\n\n1. **`processing` longer than the rail's normal time.** Check which tracking object is still open. A stuck `tracking_payment` with a business-day rail usually means a cut-off was missed. The [settlement times by rail](\u002Fresources\u002Fmore\u002Fstablecoin-payout-settlement-times) give the normal window.\n2. **`on_hold`.** Tell the recipient it's under review. Don't retry. Answer any request for information within hours, since an unanswered one can end in a refund ([on-hold transactions](\u002Fdocs\u002Fkb\u002Fon-hold-transactions)).\n3. **`completed`, recipient says no.** Send the rail reference. The recipient's bank finds the payment with it, then credits it or explains the delay.\n4. **`refunded`.** The stablecoins went back to the funding source. Fix the bank details, usually a name or account number problem, and send a new payout with a new quote.\n5. **`failed`.** At BlindPay this doesn't refund automatically. Open a ticket with support instead of waiting.\n\nKeep every reference in your own ledger next to the payout ID. Finance asks for them months later, during reconciliation. The [webhooks and reconciliation guide](\u002Fresources\u002Fmore\u002Fstablecoin-api-webhooks-reconciliation) shows how to store events so they don't get processed twice.\n\n## How should status copy read?\n\nShort, specific, and per rail.\n\n- **Give the ETA for the rail, not the provider.** \"Within minutes\" for Pix and SPEI. \"One to two business days\" for ACH.\n- **Say what the recipient can do.** Usually nothing, until a reference exists.\n- **Show the reference as soon as you have it.** E2E ID, clave de rastreo, UETR.\n- **Don't say \"instant\" before settlement.** Say it after.\n- **Never show a review as an error.** Grey or neutral, not red.\n\nThe [payout mistakes guide](\u002Fresources\u002Fmore\u002Fstablecoin-payout-mistakes) lists the errors that cause most returns in the first place.\n\n## How does BlindPay help you track payouts?\n\nBlindPay reports every payout through statuses, tracking objects, and webhooks, from the moment the stablecoins are collected to the moment local currency lands. SWIFT and domestic wire payouts carry the UETR, wires carry the IMAD, and SWIFT compliance progress shows up in `tracking_documents`. Start with the [payouts reference](\u002Fdocs\u002Fpayouts), then wire `payout.update` and `payout.complete` into your status page.\n\n*This article is for general information only and is not legal, tax, or financial advice.*\n",{"title":5,"description":760},"How to track a crypto off-ramp payout, rail by rail","resources\u002Fmore\u002Fhow-to-track-a-crypto-off-ramp-payout","40vpGOqodk0ywl37xNrkJrwCkCb1BABHb-trsiPnCX8",[789,793,797,801,805,809,813,817,820,824,828,832,836,840,844,848,851,855,859,863,867,871,875,879,883,887,891,895,899,903,907,911,915,919,923,927,931,935,939,943,947,951,955,958,962,966,970,974,978,981,985,989,993,997,1001,1005,1009,1013,1017,1021,1025,1029,1033,1037,1041,1045,1049,1053,1057,1061,1065,1066,1070],{"path":790,"title":791,"description":792},"\u002Fresources\u002Fmore\u002Fagent-payment-protocols-compared","AP2 vs ACP vs x402: agent payment protocols compared","AP2, ACP, and x402 each verify that an AI agent had permission to spend. Here is what every protocol covers, who backs it, and the reconciliation gap none of them close.",{"path":794,"title":795,"description":796},"\u002Fresources\u002Fmore\u002Fbest-stablecoin-payment-platform-fintech-2026","Best stablecoin payment platforms for fintech in 2026: a US comparison","Seven stablecoin payment platforms compared for US fintechs in 2026: what makes an API production-ready, how each provider handles compliance, settlement speed against ACH, and how to run the evaluation.",{"path":798,"title":799,"description":800},"\u002Fresources\u002Fmore\u002Fbest-stablecoin-payment-providers-2026","Best stablecoin payment providers in 2026: how to choose","How to choose a stablecoin payment provider in 2026: the four provider types, a comparison of 10 options, and the questions that decide the fit.",{"path":802,"title":803,"description":804},"\u002Fresources\u002Fmore\u002Fwhat-are-blockchain-payments","Blockchain payments explained: how stablecoins move money without correspondent banks","Blockchain payments move a stablecoin on a public ledger instead of messages between banks. How they work, what they cost, and how they compare with SWIFT.",{"path":806,"title":807,"description":808},"\u002Fresources\u002Fmore\u002Fbuild-vs-buy-stablecoin-payments","Build vs buy: should you build stablecoin payouts in-house or use an API?","Building stablecoin payouts in-house means wallets, liquidity, banking partners, licenses, and a compliance program. When building makes sense.",{"path":810,"title":811,"description":812},"\u002Fresources\u002Fmore\u002Fcan-a-virtual-account-replace-a-bank-account","Can a virtual account replace a business bank account? What each one does for cross-border companies","Usually not. A virtual account collects and settles payments; a bank account runs payroll, taxes, and credit. A job-by-job guide for cross-border teams.",{"path":814,"title":815,"description":816},"\u002Fresources\u002Fmore\u002Flatam-payout-liquidity-partner-pix-spei","Choosing a liquidity partner for LatAm payouts: Pix, SPEI, and beyond","How to choose a liquidity partner for payouts into Latin America: how Pix and SPEI work, how a stablecoin liquidity layer replaces local bank accounts, and a checklist for coverage, pricing, and compliance.",{"path":718,"title":818,"description":819},"Common stablecoin payout mistakes: wrong network, expired quotes, and bad bank details","The mistakes that make stablecoin payouts fail or stall: wrong network or token, expired quotes, deposits below minimums, bad bank details, and cut-offs.",{"path":821,"title":822,"description":823},"\u002Fresources\u002Fmore\u002Fcorrespondent-banking-vs-stablecoin-liquidity","Correspondent banking vs stablecoin liquidity: why pre-funding traps your capital","Correspondent banking keeps cross-border payouts liquid by parking cash in nostro accounts in every country. What that trapped capital costs a treasury team, and what stablecoin liquidity changes.",{"path":825,"title":826,"description":827},"\u002Fresources\u002Fmore\u002Fcrypto-payment-processor-for-businesses","Crypto payment processor for businesses: what to compare before you choose","Compare crypto payment processors on six criteria: settlement speed, stablecoins, compliance, dev effort, payout coverage, and pricing. Scorecard inside.",{"path":829,"title":830,"description":831},"\u002Fresources\u002Fmore\u002Fcustodial-vs-non-custodial-off-ramps","Custodial vs non-custodial off-ramps: who holds the money, and what happens if the provider fails","A custodial off-ramp holds your stablecoins; a non-custodial one pulls them only at payout. What changes in insolvency, de-banking, and failed payouts.",{"path":833,"title":834,"description":835},"\u002Fresources\u002Fmore\u002Fcustodial-vs-non-custodial-vs-mpc-wallets","Custodial vs non-custodial vs MPC wallets: how to choose","Custodial, non-custodial, and MPC wallets differ in who holds the keys. Compare control, recovery, risk, and regulation, with product examples for each.",{"path":837,"title":838,"description":839},"\u002Fresources\u002Fmore\u002Fstablecoin-cross-border-payments-savings","How businesses use stablecoins for cross-border payments (and where the savings come from)","Correspondent hops, FX markup, and pre-funding: what stablecoin settlement does to each cost of a cross-border payment, with a $50,000 example to Brazil.",{"path":841,"title":842,"description":843},"\u002Fresources\u002Fmore\u002Fhow-a-stablecoin-payment-works","How does a stablecoin payment move? From bank deposit to local payout, step by step","A stablecoin payment moves in legs: fiat collected, stablecoin settled, fiat paid out. What happens at each step, where delays hide, what recipients see.",{"path":845,"title":846,"description":847},"\u002Fresources\u002Fmore\u002Fcross-border-merchant-payments-without-pre-funding","How global merchants get paid across borders with stablecoins, no pre-funding required","Pre-funding means parking local currency in every market before money moves. Stablecoin virtual accounts remove it. A worked example across 4 countries.",{"path":630,"title":849,"description":850},"How long does a stablecoin payout take? Settlement times by country and rail","Stablecoin payouts settle in minutes on Pix, SPEI, RTP, and Transfers 3.0, and in 1 to 5 business days on ACH, SEPA, and SWIFT. Full table by rail.",{"path":852,"title":853,"description":854},"\u002Fresources\u002Fmore\u002Fcrypto-on-ramp-fees-explained","How much does a crypto on-ramp cost? Fees, spreads, and how to read a quote","A crypto on-ramp charges through the rate spread, a service fee, the payment rail, and sometimes the network. How each works, and how to read the quote.",{"path":856,"title":857,"description":858},"\u002Fresources\u002Fmore\u002Fstablecoin-off-ramp-fees-explained","How much does a stablecoin off-ramp cost? Fees per transaction vs a bank wire","What a stablecoin off-ramp costs per transaction: network fee, FX spread, percentage and flat fees, worked at $200, $2,000, and $20,000 vs a bank wire.",{"path":860,"title":861,"description":862},"\u002Fresources\u002Fmore\u002Fhow-to-add-stablecoin-payments-to-your-wallet-integration","How to add stablecoin payments to your wallet integration","Connect the wallets you already run to bank deposits and local payouts: register addresses, open virtual accounts, quote, authorize, and track webhooks.",{"path":864,"title":865,"description":866},"\u002Fresources\u002Fmore\u002Fhow-to-choose-a-virtual-account-provider","How to choose a virtual account provider: a 12-point checklist for developers and finance teams","Twelve criteria for evaluating a virtual account API, from rails and naming to custody, webhooks, and pricing, plus red flags and a scorecard to copy.",{"path":868,"title":869,"description":870},"\u002Fresources\u002Fmore\u002Fhow-to-choose-on-off-ramp-provider","How to choose the best on\u002Foff ramp provider for your fintech app","Six criteria for evaluating a crypto on\u002Foff ramp provider: corridor coverage, live quotes, fiat settlement speed, licensing, API quality, and liquidity depth. Each with concrete tests to run, a comparison table, and a scoring framework.",{"path":872,"title":873,"description":874},"\u002Fresources\u002Fmore\u002Fhow-to-evaluate-payment-orchestration-platform","How to evaluate a payment orchestration platform for cross-border payments","Six criteria that decide whether an orchestration platform works for cross-border money: rail coverage, compliance per corridor, developer experience, settlement speed, FX transparency, and pricing.",{"path":876,"title":877,"description":878},"\u002Fresources\u002Fmore\u002Fhow-to-integrate-a-crypto-on-ramp-api","How to integrate a crypto on-ramp API: payin quotes, deposit instructions, and webhooks","The on-ramp API flow step by step: verify the customer, pick the wallet, quote, create the payin, show deposit instructions, and handle webhooks.",{"path":880,"title":881,"description":882},"\u002Fresources\u002Fmore\u002Fhow-to-issue-stablecoin-cards-api","How to issue stablecoin-funded cards through an API: a developer's guide","Build vs. buy for stablecoin card issuing, the objects a card issuing API must expose, a step-by-step integration flow, and where KYC and KYB sit in it.",{"path":884,"title":885,"description":886},"\u002Fresources\u002Fmore\u002Fhow-to-off-ramp-usdc-to-us-bank-account","How to off-ramp USDC to a US bank account: ACH, RTP, or wire","Cashing out USDC or USDT to a US bank account: when ACH, Same Day ACH, RTP, and wire pay out, the cut-offs in ET, the fields you need, and what delays it.",{"path":888,"title":889,"description":890},"\u002Fresources\u002Fmore\u002Fhow-to-off-ramp-usdc-to-euros-sepa","How to off-ramp USDC to euros over SEPA: networks, IBAN details, and timing","Converting USDC to EUR in a SEPA bank account: which networks work, the IBAN details you need, SEPA vs SEPA Instant timing, limits, and what MiCA changes.",{"path":892,"title":893,"description":894},"\u002Fresources\u002Fmore\u002Fhow-to-off-ramp-usdt-latin-america","How to off-ramp USDT to local currency in Latin America","Converting USDT to BRL, MXN, ARS, or COP: which networks work, the payout rail in each country, weekend timing, fees, and the documents a business needs.",{"path":896,"title":897,"description":898},"\u002Fresources\u002Fmore\u002Fhow-to-on-ramp-local-currency-latin-america","How to on-ramp BRL, MXN, ARS, and COP into stablecoins: Pix, SPEI, Transfers 3.0, and PSE","How Latin American bank payments become USDC or USDT: what each rail shows the payer, the payer data it needs, how fast it lands, and the traps by country.",{"path":900,"title":901,"description":902},"\u002Fresources\u002Fmore\u002Fhow-to-send-usdc-to-bank-account-brazil","How to send USDC to a bank account in Brazil","Step-by-step: convert USDC to Brazilian reais and deliver them to a bank account over Pix using a stablecoin payout API. Quote, verify, send, settle in minutes.",{"path":904,"title":905,"description":906},"\u002Fresources\u002Fmore\u002Fhow-to-test-virtual-accounts-sandbox","How to test a virtual accounts API integration before going live","The integration sequence for a virtual accounts API, what a sandbox simulates and what it can't, and a test plan with the statuses and webhooks to expect.",{"path":908,"title":909,"description":910},"\u002Fresources\u002Fmore\u002Fvirtual-account-reconciliation","How virtual accounts automate payment reconciliation (with a worked example)","Virtual accounts match each deposit to a customer by account number, not a free-text reference. A worked example with partial payments and micro-deposits.",{"path":912,"title":913,"description":914},"\u002Fresources\u002Fmore\u002Fstablecoin-api-idempotency-keys","Idempotency keys in a stablecoin API: how to never send the same payout twice","A timeout on a payout call is the most common way to pay someone twice. How idempotency keys prevent it, what replays, what conflicts, and how to retry.",{"path":916,"title":917,"description":918},"\u002Fresources\u002Fmore\u002Fhow-to-integrate-a-stablecoin-api","Integrating a stablecoin API: a developer's guide to cross-border payments with BlindPay","Step-by-step integration of a stablecoin API: authenticate, onboard a customer, create a virtual USD account, quote and send a cross-border payout, and handle signed webhooks. Endpoints, statuses, and SDKs for BlindPay.",{"path":920,"title":921,"description":922},"\u002Fresources\u002Fmore\u002Fliquidity-risk-global-payouts","Managing liquidity risk in global payouts: a practical guide for fintechs and PSPs","Liquidity risk in payouts is the chance funds aren't available at the right rate, in the right currency, when a payout settles. Its four sources and a six-step framework to manage them.",{"path":924,"title":925,"description":926},"\u002Fresources\u002Fmore\u002Fmarketplace-stablecoin-payouts-latam","Marketplace payouts in Latin America: stablecoin rails for sellers in Brazil, Mexico, Colombia, and Argentina","How marketplaces pay sellers, creators, and vendors across Latin America with stablecoin settlement: supported rails (Pix, SPEI, PSE, Argentine transfers), the end-to-end payout workflow, API integration, and what changes for speed, minimums, and FX cost.",{"path":928,"title":929,"description":930},"\u002Fresources\u002Fmore\u002Fnon-custodial-payments-explained","Non-custodial payments: what they are and why they reduce risk for businesses","A non-custodial payment provider moves your money without holding it between payments. Who controls the funds, who carries the risk, and what to ask.",{"path":932,"title":933,"description":934},"\u002Fresources\u002Fmore\u002Fon-off-ramp-liquidity-live-quotes","On\u002Foff ramp liquidity with live quotes: how it works and why it matters","What on\u002Foff ramp liquidity with live quotes means for developers: live quote vs batch rate, the quote ID flow in an API, what happens on expiry, how liquidity depth changes spread by transaction size, rate windows and UX, and a checklist for evaluating a live quote API.",{"path":936,"title":937,"description":938},"\u002Fresources\u002Fmore\u002Fpayment-orchestration-vs-payment-gateway","Payment orchestration vs payment gateway: what's the difference?","A gateway connects you to one processor. An orchestration platform connects to many rails and picks the best path per transaction. The table, the triggers, and a worked USD to BRL example.",{"path":940,"title":941,"description":942},"\u002Fresources\u002Fmore\u002Fstablecoin-api-openapi-sdks","Stablecoin API SDKs: how one OpenAPI spec keeps five languages in sync","BlindPay's stablecoin API is described by one OpenAPI 3.1 spec that drives validation, docs, SDKs for Node, Python, Go, PHP, and Swift, and the MCP server.",{"path":944,"title":945,"description":946},"\u002Fresources\u002Fmore\u002Fstablecoin-api-sla-settlement-finality","Stablecoin API SLAs and settlement finality explained","Stablecoin API uptime numbers cluster near 99.9% for a reason: most providers measure API acceptance instead of the point where money becomes final and spendable.",{"path":948,"title":949,"description":950},"\u002Fresources\u002Fmore\u002Fstablecoin-api-quotes-explained","Stablecoin API quotes explained: expiry, fee direction, and minor units","A stablecoin API quote locks the rate, fees, and amounts for a few minutes. How expiry works, which side pays the fee, and the field that flips meaning.",{"path":952,"title":953,"description":954},"\u002Fresources\u002Fmore\u002Fstablecoin-api-sandbox-vs-production","Stablecoin API sandbox vs production: what testing misses","Most stablecoin API sandboxes pass every integration test and still leave a team unprepared for production, because webhook delivery and idempotent retries are exactly what sandboxes fake or skip.",{"path":671,"title":956,"description":957},"Stablecoin API webhooks: signature checks, duplicate events, and reconciliation","How to handle stablecoin API webhooks in production: verify signatures on raw bytes, dedupe retries, never regress a final status, reconcile daily.",{"path":959,"title":960,"description":961},"\u002Fresources\u002Fmore\u002Fstablecoin-fx-slippage-live-quotes","Stablecoin FX slippage: how live quotes turn the quoted rate into the rate you get","FX slippage is the gap between the rate a stablecoin on-ramp or off-ramp shows and the rate that settles. Why quote freshness is a liquidity signal, and how to check a quote-then-execute flow.",{"path":963,"title":964,"description":965},"\u002Fresources\u002Fmore\u002Fstablecoin-cards-latin-america","Stablecoin cards in Latin America: how they work in Brazil, Mexico, Argentina, and Colombia","How USD stablecoin cards work in Brazil, Mexico, Argentina, and Colombia: local card and crypto rules, costs at the point of sale, and when a Pix or SPEI payout fits better.",{"path":967,"title":968,"description":969},"\u002Fresources\u002Fmore\u002Fstablecoin-liquidity-provider-vs-fx-desk","Stablecoin liquidity providers vs traditional FX desks: what finance teams should know","A bank FX desk prices cross-border payouts by relationship. A stablecoin liquidity provider prices them by API. How the two compare on cost, speed, minimums, coverage, and compliance.",{"path":971,"title":972,"description":973},"\u002Fresources\u002Fmore\u002Fstablecoin-payment-fees-vs-card-processing-fees","Stablecoin payment fees vs credit card processing fees: what merchants actually pay","Cards cost merchants 1.5% to 3.5% plus cross-border, FX, and chargeback fees. Stablecoin payments cost cents on-chain plus a sub-percent conversion spread.",{"path":975,"title":976,"description":977},"\u002Fresources\u002Fmore\u002Fstablecoin-payments-guide","Stablecoin payments explained: a guide for businesses","Stablecoin payments move dollar-pegged tokens between parties and settle in minutes, 24\u002F7. How they work, what they cost, and how businesses accept and send them.",{"path":225,"title":979,"description":980},"Stablecoin payout statuses explained: processing, on hold, completed, failed, and refunded","What each stablecoin payout status means, which are final, why an on-chain confirmation isn't a completed payout, and how to test every failure.",{"path":982,"title":983,"description":984},"\u002Fresources\u002Fmore\u002Fstablecoin-payroll-latam-contractors","Stablecoin payroll for LATAM contractors: how it actually works in 2026","How US companies pay contractors in Argentina, Brazil, Mexico, and Colombia with stablecoins in 2026: USDC vs USDT, the step-by-step payout flow, US tax reporting, a platform comparison, and how to start.",{"path":986,"title":987,"description":988},"\u002Fresources\u002Fmore\u002Fstablecoin-settlement-for-merchants","Stablecoin settlement explained: how merchants get paid faster than card networks","Stablecoin payments settle in seconds to minutes, final and 24\u002F7. Cards take 1 to 3 business days and wires up to 5. How it works and how to cash out.",{"path":990,"title":991,"description":992},"\u002Fresources\u002Fmore\u002Fstablecoin-virtual-accounts-explained","Stablecoin virtual accounts explained: from bank transfer to wallet balance","A stablecoin virtual account is a bank account in your customer's name whose deposits convert to USDC or USDT. How approval, deposits, and fees work.",{"path":994,"title":995,"description":996},"\u002Fresources\u002Fmore\u002Fstablecoin-virtual-cards-cross-border-payouts","Stablecoin-funded virtual cards vs. traditional virtual cards for cross-border payouts","Stablecoin-funded vs. bank-funded virtual cards for paying contractors and vendors abroad: funding speed, pre-funding, FX cost, settlement finality, and a Brazil walkthrough.",{"path":998,"title":999,"description":1000},"\u002Fresources\u002Fmore\u002Fstablecoins-local-rails-latin-america","Stablecoins plus local rails: how cross-border payments actually land in Latin America","A stablecoin crosses the border in seconds, but the payment lands over Pix, SPEI, or another local rail. How that last mile works in Brazil and Mexico.",{"path":1002,"title":1003,"description":1004},"\u002Fresources\u002Fmore\u002Fstablecoin-vs-swift-b2b-payments","Stablecoins vs SWIFT for B2B cross-border payments: a real comparison","Where SWIFT wires still win, where stablecoin settlement wins, and how to compare the two on cost, speed, traceability, and failure modes for business payments in 2026.",{"path":1006,"title":1007,"description":1008},"\u002Fresources\u002Fmore\u002Fusdc-to-ars-routes-2026","USDC to ARS in 2026: routes, fees, and rules compared","Four ways to convert USDC to Argentine pesos in 2026: stablecoin payout APIs, local exchanges, P2P, and global exchanges with Transfers 3.0. Fees, speed, KYC, and Argentina's PSAV rules compared.",{"path":1010,"title":1011,"description":1012},"\u002Fresources\u002Fmore\u002Fusdc-to-brl-routes-2026","USDC to BRL in 2026: routes, fees, and rules compared","Four ways to convert USDC to Brazilian reais in 2026: stablecoin payout APIs, local exchanges, P2P, and global exchanges with Pix. Fees, speed, KYC, and Brazil's VASP rules compared.",{"path":1014,"title":1015,"description":1016},"\u002Fresources\u002Fmore\u002Fusdc-to-cop-routes-2026","USDC to COP in 2026: routes, fees, and rules compared","Four ways to convert USDC to Colombian pesos in 2026: stablecoin payout APIs, local exchanges, P2P, and global exchanges with PSE. Fees, speed, KYC, and Colombia's VASP rules compared.",{"path":1018,"title":1019,"description":1020},"\u002Fresources\u002Fmore\u002Fusdc-to-mxn-routes-2026","USDC to MXN in 2026: routes, fees, and rules compared","Four ways to convert USDC to Mexican pesos in 2026: stablecoin payout APIs, local exchanges, P2P, and global exchanges with SPEI. Fees, speed, KYC, and Mexico's rules compared.",{"path":1022,"title":1023,"description":1024},"\u002Fresources\u002Fmore\u002Fvirtual-account-deposit-not-received","Virtual account deposit not received? Why deposits get delayed, held, or returned","Why a virtual account deposit is late, on hold, or returned: arrival windows, payin statuses, RFIs, wrong rails, and how to trace a wire or SWIFT payment.",{"path":1026,"title":1027,"description":1028},"\u002Fresources\u002Fmore\u002Fvirtual-account-vs-virtual-iban","Virtual account vs virtual IBAN vs real bank account: what's the difference?","A real account holds funds for one holder. 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How each works step by step, how they differ, which payment methods on-ramps support, and who they are built for.",{"path":1046,"title":1047,"description":1048},"\u002Fresources\u002Fmore\u002Fwhat-is-a-liquidity-market-cross-border-payments","What is a liquidity market in cross-border payments? And why stablecoin liquidity is changing it","A liquidity market in cross-border payments is where the currency to settle a transfer gets sourced. How correspondent banks pre-fund it, and how stablecoin liquidity changes the model.",{"path":1050,"title":1051,"description":1052},"\u002Fresources\u002Fmore\u002Fwhat-is-a-stablecoin-offramp","What is a stablecoin off-ramp? How crypto becomes cash","A stablecoin off-ramp converts stablecoins like USDC or USDT back into fiat currency in a bank account. How the conversion works and who regulates it.",{"path":1054,"title":1055,"description":1056},"\u002Fresources\u002Fmore\u002Fwhat-is-a-virtual-account","What is a virtual account? A plain-English guide for fintech teams","A virtual account is a unique set of bank details that routes incoming payments to one customer or purpose. How it works, who uses it, and where it fits.",{"path":1058,"title":1059,"description":1060},"\u002Fresources\u002Fmore\u002Fwhat-is-payment-orchestration","What is payment orchestration? The routing layer, explained","Payment orchestration is the routing layer between your app and every processor, bank, and rail you use. The five layers, how stablecoin settlement fits, and how it differs from a gateway.",{"path":1062,"title":1063,"description":1064},"\u002Fresources\u002Fmore\u002Fstablecoin-payments-provider-due-diligence","What to ask a stablecoin payments provider: 30 due diligence questions","The questions to ask a stablecoin payments vendor before you sign: licensing, custody, pricing, rails, compliance, failure handling, security, and exit.",{"path":782,"title":5,"description":760},{"path":1067,"title":1068,"description":1069},"\u002Fresources\u002Fmore\u002Fwhy-are-cross-border-payments-slow","Why are cross-border payments slow? Where the days go in an international wire","Most SWIFT payments reach the destination bank within an hour. The days go to cut-offs, correspondent hops, compliance checks, and local crediting.",{"path":1071,"title":1072,"description":1073},"\u002Fresources\u002Fmore\u002Fwhy-crypto-on-ramp-deposits-fail","Why crypto on-ramp deposits fail: missing references, late transfers, holds, and refunds","Most failed on-ramps fail on the fiat side: a missing reference, the wrong payer, a late transfer, a hold. What happens to the money in each case.",1790867714076]