[{"data":1,"prerenderedAt":648},["ShallowReactive",2],{"content-\u002Fresources\u002Fmore\u002Fonchain-liquidity-vs-offramp-liquidity":3,"resources-category-onchain-liquidity-vs-offramp-liquidity":458},{"id":4,"title":5,"authors":6,"body":7,"categories":6,"category":428,"categoryType":6,"compare":6,"contributors":6,"date":429,"description":430,"extension":431,"faq":432,"howto":6,"isBlog":448,"isChangelog":448,"meta":449,"navigation":451,"path":452,"pillar":448,"products":6,"rawbody":453,"role":6,"seo":454,"seoTitle":455,"stem":456,"thumbnail":6,"updated":429,"__hash__":457},"content\u002Fresources\u002Fmore\u002Fonchain-liquidity-vs-offramp-liquidity.md","Onchain liquidity vs off-ramp liquidity: why a deep DEX pool doesn't mean a deep BRL payout",null,{"type":8,"value":9,"toc":417},"minimark",[10,14,17,23,42,47,50,61,70,84,88,96,99,120,128,132,135,245,253,257,260,268,274,288,291,295,298,360,368,371,375,378,403,406,410],[11,12,13],"p",{},"Onchain liquidity is how much you can swap between tokens on a blockchain before the price moves. Off-ramp liquidity is how much local currency a provider can pay into bank accounts, at a quoted rate, over rails like Pix or SPEI. They're different pools of money, so a deep USDC pool says nothing about a deep BRL payout.",[11,15,16],{},"The confusion is easy to make. Both get called \"stablecoin liquidity,\" both have spreads and slippage, and both show up in the same payment. But one lives in smart contracts and the other lives in bank accounts. This guide separates them, does the pool math on a $50,000 swap, and shows which one to check for your use case.",[11,18,19],{},[20,21,22],"strong",{},"Key takeaways",[24,25,26,30,33,36,39],"ul",{},[27,28,29],"li",{},"Onchain liquidity is tokens in pools and order books. Its output is tokens in a wallet.",[27,31,32],{},"Off-ramp liquidity is local currency in bank accounts, plus the ability to bind a quote and deliver over a rail.",[27,34,35],{},"A deep USDC\u002FUSDT pool moves you between two dollar tokens. It doesn't put reais in a bank.",[27,37,38],{},"Pool depth shows up as price impact. Off-ramp depth shows up as the rate on quotes at several sizes.",[27,40,41],{},"Choose the network for fees and finality. Choose the off-ramp for depth and delivered amount.",[43,44,46],"h2",{"id":45},"what-is-onchain-liquidity","What is onchain liquidity?",[11,48,49],{},"Onchain liquidity is the token balance available to trade against on a blockchain, mostly in automated market maker pools and exchange order books. A pool holds two or more tokens and prices each swap from the balances it holds.",[11,51,52,53,60],{},"Uniswap, the best-known example, started as \"an automated liquidity protocol based on a 'constant product formula',\" per the ",[54,55,59],"a",{"href":56,"rel":57},"https:\u002F\u002Fapp.uniswap.org\u002Fwhitepaper.pdf",[58],"nofollow","Uniswap v2 whitepaper",". The pool keeps the product of its two balances constant (x times y), so every token you take out costs more than the last one.",[11,62,63,64,69],{},"That's what price impact means. Uniswap's ",[54,65,68],{"href":66,"rel":67},"https:\u002F\u002Fdevelopers.uniswap.org\u002Fdocs\u002Fget-started\u002Fconcepts\u002Ftraders\u002Fswaps",[58],"swaps documentation"," puts it plainly: \"The greater the liquidity available at a given price, the lower the price impact for a given swap size.\" It defines slippage separately, as \"alterations to a given price that could occur while a submitted transaction is pending.\" You cap it with a slippage tolerance, and if the price moves past it, the swap fails.",[11,71,72,73,78,79,83],{},"Pools built for pegged assets go further. The ",[54,74,77],{"href":75,"rel":76},"https:\u002F\u002Fclassic.curve.finance\u002Ffiles\u002Fstableswap-paper.pdf",[58],"StableSwap paper"," behind Curve describes \"a fully autonomous market-maker for stablecoins with very minimal price slippage.\" For USDC to USDT, onchain liquidity is very good. The ",[54,80,82],{"href":81},"\u002Fresources\u002Fmore\u002Fwhat-is-a-market-maker-stablecoin-payments","market maker explainer"," covers how these pools compare with human market makers.",[43,85,87],{"id":86},"what-is-off-ramp-liquidity","What is off-ramp liquidity?",[11,89,90,91,95],{},"Off-ramp liquidity is a provider's ability to take your stablecoins and pay local currency into a bank account, at a rate it committed to, at the size you need. The ",[54,92,94],{"href":93},"\u002Fresources\u002Fmore\u002Fonramp-offramp-liquidity-glossary","glossary for this cluster"," defines it as converting at size, at a quoted rate, without the price moving against you.",[11,97,98],{},"Three things have to exist for it to work:",[100,101,102,108,114],"ol",{},[27,103,104,107],{},[20,105,106],{},"Local currency in bank accounts."," Reais in Brazil, pesos in Mexico, sourced from the provider's own inventory, market makers, or banking partners.",[27,109,110,113],{},[20,111,112],{},"A binding quote."," A price the provider will honor for a window, so the amount you see is the amount that lands.",[27,115,116,119],{},[20,117,118],{},"Rail access."," A connection to Pix, SPEI, ACH, SEPA, or SWIFT (POBO\u002FCOBO) that delivers the money.",[11,121,122,123,127],{},"None of those are onchain. You can read a pool's reserves from any block explorer. You can't read a provider's reais. You infer them from how its quotes behave at size, which is what ",[54,124,126],{"href":125},"\u002Fresources\u002Fmore\u002Fon-off-ramp-liquidity-live-quotes","on\u002Foff-ramp liquidity with live quotes"," walks through.",[43,129,131],{"id":130},"how-do-onchain-and-off-ramp-liquidity-compare","How do onchain and off-ramp liquidity compare?",[11,133,134],{},"Side by side, they share vocabulary and little else.",[136,137,138,153],"table",{},[139,140,141],"thead",{},[142,143,144,147,150],"tr",{},[145,146],"th",{},[145,148,149],{},"Onchain liquidity",[145,151,152],{},"Off-ramp liquidity",[154,155,156,168,179,190,201,212,223,234],"tbody",{},[142,157,158,162,165],{},[159,160,161],"td",{},"What's in the pool",[159,163,164],{},"Tokens (USDC, USDT, other tokens)",[159,166,167],{},"Local currency in bank accounts",[142,169,170,173,176],{},[159,171,172],{},"Where it lives",[159,174,175],{},"Smart contracts and exchange books",[159,177,178],{},"Bank accounts at the provider or its partners",[142,180,181,184,187],{},[159,182,183],{},"How the price is set",[159,185,186],{},"A formula or an order book, per swap",[159,188,189],{},"A quote from the provider, binding for a window",[142,191,192,195,198],{},[159,193,194],{},"How you see depth",[159,196,197],{},"Read the pool reserves",[159,199,200],{},"Request quotes at several sizes",[142,202,203,206,209],{},[159,204,205],{},"What slippage means",[159,207,208],{},"Price change while your transaction is pending",[159,210,211],{},"Gap between shown rate and settled rate",[142,213,214,217,220],{},[159,215,216],{},"What you end up with",[159,218,219],{},"Tokens in a wallet",[159,221,222],{},"Money in a bank account",[142,224,225,228,231],{},[159,226,227],{},"Hours",[159,229,230],{},"Every block, all week",[159,232,233],{},"The destination rail's hours (Pix and SPEI run 24\u002F7)",[142,235,236,239,242],{},[159,237,238],{},"Identity checks",[159,240,241],{},"Usually none at the pool",[159,243,244],{},"KYC or KYB before the first payout",[11,246,247,248,252],{},"The bottom row explains a lot. A pool will swap for anyone. An off-ramp has to know who is sending and who is receiving, because it is moving money into the banking system. ",[54,249,251],{"href":250},"\u002Fresources\u002Fmore\u002Ftypes-of-crypto-off-ramps","Types of crypto off-ramps"," covers the different ways that gets done.",[43,254,256],{"id":255},"why-doesnt-a-deep-usdc-pool-mean-a-deep-brl-payout","Why doesn't a deep USDC pool mean a deep BRL payout?",[11,258,259],{},"Because the reais aren't in the pool. A USDC\u002FUSDT pool, however large, swaps one dollar token for another. Getting reais into a Brazilian bank account needs somebody who holds reais in Brazilian bank accounts and will sell them to you.",[11,261,262,263,267],{},"Some pools hold tokens pegged to local currencies. Swapping into one still leaves you holding a token, not a bank balance. Turning that token into reais is a second off-ramp, with its own spread and its own depth. The ",[54,264,266],{"href":265},"\u002Fresources\u002Fmore\u002Fdirect-vs-indirect-stablecoin-exchange","direct vs indirect exchange guide"," explains why each extra hop adds cost.",[11,269,270,273],{},[20,271,272],{},"Illustrative example."," A constant-product pool holds 2,000,000 USDC and 10,800,000 units of a hypothetical BRL-pegged token, a price of 5.40. You swap 50,000 USDC in, ignoring pool fees:",[24,275,276,279,282,285],{},[27,277,278],{},"Tokens out = 10,800,000 - (2,000,000 x 10,800,000) \u002F 2,050,000",[27,280,281],{},"= 10,800,000 - 10,536,585.37 = 263,414.63 tokens",[27,283,284],{},"Effective rate: 263,414.63 \u002F 50,000 = 5.2683",[27,286,287],{},"Price impact: (5.40 - 5.2683) \u002F 5.40 = about 2.44%, or 244 bps",[11,289,290],{},"A $50,000 swap moved the price 244 bps in a $4 million pool. And you still hold tokens. An off-ramp with real depth quotes $50,000 at close to the same rate as $500, because the reais come from inventory sized for payouts, not from a pool sized for swaps. You'd confirm that with quotes at both sizes, captured in the same minute.",[43,292,294],{"id":293},"where-do-the-two-meet-in-an-off-ramp","Where do the two meet in an off-ramp?",[11,296,297],{},"At one moment: when your stablecoins move onchain to the provider. Everything before that is onchain. Everything after is bank money.",[100,299,300,324,343,354],{},[27,301,302,305,306,310,311,315,316,319,320,323],{},[20,303,304],{},"You get a quote."," At BlindPay, a ",[54,307,309],{"href":308},"\u002Fdocs\u002Fpayout-quotes","payout quote"," takes the bank account, the amount, the ",[312,313,314],"code",{},"network",", and the ",[312,317,318],{},"token",", and returns the rate, fees, and ",[312,321,322],{},"receiver_amount",", valid for 5 minutes by default.",[27,325,326,329,330,333,334,337,338,342],{},[20,327,328],{},"You authorize the exact amount."," On EVM chains, you ",[312,331,332],{},"approve"," the quoted amount using the ",[312,335,336],{},"contract"," payload in the quote (",[54,339,341],{"href":340},"\u002Fdocs\u002Fpayout-evm","payout with EVM","). Stellar and Solana have their own authorization flows.",[27,344,345,348,349,353],{},[20,346,347],{},"The stablecoins move onchain."," Network fees and confirmation time depend on the chain. ",[54,350,352],{"href":351},"\u002Fresources\u002Fmore\u002Fwhat-happens-on-chain-in-a-stablecoin-payment","What happens onchain in a stablecoin payment"," walks through this leg.",[27,355,356,359],{},[20,357,358],{},"The provider pays out locally."," The reais or pesos come from off-ramp liquidity and land over the rail.",[11,361,362,363,367],{},"BlindPay settles stablecoins on Ethereum, Polygon, Base, Arbitrum, Tempo, Arc, Stellar, Solana, and Tron, with USDC or USDT depending on the network. The ",[54,364,366],{"href":365},"\u002Fdocs\u002Fkb\u002Fsupported-chains","supported chains reference"," lists every valid pair. Payouts funded from a wallet you control are non-custodial: you authorize the exact amount and BlindPay executes that single transaction.",[11,369,370],{},"The chain changes step 3. It doesn't change step 4. That's the whole point of keeping the two liquidity types apart.",[43,372,374],{"id":373},"which-one-should-you-check-before-choosing-a-route","Which one should you check before choosing a route?",[11,376,377],{},"The one that matches where the money needs to end up.",[24,379,380,386,392],{},[27,381,382,385],{},[20,383,384],{},"Ending in tokens"," (treasury rebalancing between USDC and USDT, moving funds between wallets): check onchain liquidity. Look at pool depth, expected price impact, and set a slippage tolerance.",[27,387,388,391],{},[20,389,390],{},"Ending in a bank account"," (supplier payments, payroll, marketplace payouts): check off-ramp liquidity. Request quotes at several sizes, confirm they're binding, and compare the delivered amount.",[27,393,394,397,398,402],{},[20,395,396],{},"Both"," (you hold USDT on Tron but your recipient needs reais): check the network for fees and finality, and the off-ramp for depth. ",[54,399,401],{"href":400},"\u002Fresources\u002Fmore\u002Fbest-network-to-off-ramp-stablecoins","The best network to off-ramp stablecoins"," compares chains on the first part.",[11,404,405],{},"Decision rule: never use a pool size to judge an off-ramp. A pool tells you about tokens. A quote at size tells you about the payout.",[43,407,409],{"id":408},"what-to-do-next","What to do next",[11,411,412,413,416],{},"Pick your largest regular payout, then request ",[54,414,415],{"href":308},"payout quotes"," at that size and at a tenth of it, on the network you already hold funds on. If the rate barely moves, the off-ramp has the depth you need, whatever the pools look like.",{"title":418,"searchDepth":419,"depth":419,"links":420},"",2,[421,422,423,424,425,426,427],{"id":45,"depth":419,"text":46},{"id":86,"depth":419,"text":87},{"id":130,"depth":419,"text":131},{"id":255,"depth":419,"text":256},{"id":293,"depth":419,"text":294},{"id":373,"depth":419,"text":374},{"id":408,"depth":419,"text":409},"stablecoins","2026-09-28","Onchain liquidity is tokens in pools. Off-ramp liquidity is local currency a provider can pay into bank accounts. Why one doesn't predict the other.","md",[433,436,439,442,445],{"q":434,"a":435},"What is the difference between onchain liquidity and off-ramp liquidity?","Onchain liquidity is how many tokens sit in pools and order books on a blockchain, which sets how much you can swap before the price moves. Off-ramp liquidity is how much local currency a provider can pay into bank accounts at a quoted rate. The first ends with tokens in a wallet. The second ends with money in a bank account.",{"q":437,"a":438},"Does a deep stablecoin pool mean I can off-ramp large amounts?","No. A deep USDC\u002FUSDT pool only means you can swap between two dollar tokens cheaply. Paying reais or pesos into a bank account needs someone holding that currency in bank accounts, plus access to a rail like Pix or SPEI. Test off-ramp depth with quotes at several sizes on your corridor, not with pool sizes.",{"q":440,"a":441},"What is price impact in a DEX swap?","Price impact is how much your own trade moves the price in a pool. A pool prices swaps from the balances it holds, so a large swap shifts the balance and fills at a worse average rate. Uniswap's docs put it simply: the greater the liquidity available at a given price, the lower the price impact for a given swap size.",{"q":443,"a":444},"Is slippage the same on a DEX and on an off-ramp?","The word is shared, the meaning differs slightly. On a DEX, slippage is the price change that can happen while your transaction is pending, and you cap it with a slippage tolerance. On an off-ramp, slippage is the gap between the rate you were shown and the rate that settled. A binding quote executed inside its window has none.",{"q":446,"a":447},"Which blockchain should I use to off-ramp stablecoins?","Pick the network for fees, confirmation time, and which tokens your provider accepts on it. The chain doesn't change how much local currency the provider holds. At BlindPay, a payout quote takes a network and token, and the supported chains reference lists every valid pair, such as USDC on Base or USDT on Tron.",false,{"author":450},"BlindPay Team",true,"\u002Fresources\u002Fmore\u002Fonchain-liquidity-vs-offramp-liquidity","---\ntitle: \"Onchain liquidity vs off-ramp liquidity: why a deep DEX pool doesn't mean a deep BRL payout\"\nseoTitle: \"Onchain liquidity vs off-ramp liquidity, explained\"\ndescription: \"Onchain liquidity is tokens in pools. Off-ramp liquidity is local currency a provider can pay into bank accounts. Why one doesn't predict the other.\"\ndate: \"2026-09-28\"\nupdated: \"2026-09-28\"\ncategory: \"stablecoins\"\nauthor: \"BlindPay Team\"\nfaq:\n  - q: \"What is the difference between onchain liquidity and off-ramp liquidity?\"\n    a: \"Onchain liquidity is how many tokens sit in pools and order books on a blockchain, which sets how much you can swap before the price moves. Off-ramp liquidity is how much local currency a provider can pay into bank accounts at a quoted rate. The first ends with tokens in a wallet. The second ends with money in a bank account.\"\n  - q: \"Does a deep stablecoin pool mean I can off-ramp large amounts?\"\n    a: \"No. A deep USDC\u002FUSDT pool only means you can swap between two dollar tokens cheaply. Paying reais or pesos into a bank account needs someone holding that currency in bank accounts, plus access to a rail like Pix or SPEI. Test off-ramp depth with quotes at several sizes on your corridor, not with pool sizes.\"\n  - q: \"What is price impact in a DEX swap?\"\n    a: \"Price impact is how much your own trade moves the price in a pool. A pool prices swaps from the balances it holds, so a large swap shifts the balance and fills at a worse average rate. Uniswap's docs put it simply: the greater the liquidity available at a given price, the lower the price impact for a given swap size.\"\n  - q: \"Is slippage the same on a DEX and on an off-ramp?\"\n    a: \"The word is shared, the meaning differs slightly. On a DEX, slippage is the price change that can happen while your transaction is pending, and you cap it with a slippage tolerance. On an off-ramp, slippage is the gap between the rate you were shown and the rate that settled. A binding quote executed inside its window has none.\"\n  - q: \"Which blockchain should I use to off-ramp stablecoins?\"\n    a: \"Pick the network for fees, confirmation time, and which tokens your provider accepts on it. The chain doesn't change how much local currency the provider holds. At BlindPay, a payout quote takes a network and token, and the supported chains reference lists every valid pair, such as USDC on Base or USDT on Tron.\"\n---\n\nOnchain liquidity is how much you can swap between tokens on a blockchain before the price moves. Off-ramp liquidity is how much local currency a provider can pay into bank accounts, at a quoted rate, over rails like Pix or SPEI. They're different pools of money, so a deep USDC pool says nothing about a deep BRL payout.\n\nThe confusion is easy to make. Both get called \"stablecoin liquidity,\" both have spreads and slippage, and both show up in the same payment. But one lives in smart contracts and the other lives in bank accounts. This guide separates them, does the pool math on a $50,000 swap, and shows which one to check for your use case.\n\n**Key takeaways**\n\n- Onchain liquidity is tokens in pools and order books. Its output is tokens in a wallet.\n- Off-ramp liquidity is local currency in bank accounts, plus the ability to bind a quote and deliver over a rail.\n- A deep USDC\u002FUSDT pool moves you between two dollar tokens. It doesn't put reais in a bank.\n- Pool depth shows up as price impact. Off-ramp depth shows up as the rate on quotes at several sizes.\n- Choose the network for fees and finality. Choose the off-ramp for depth and delivered amount.\n\n## What is onchain liquidity?\n\nOnchain liquidity is the token balance available to trade against on a blockchain, mostly in automated market maker pools and exchange order books. A pool holds two or more tokens and prices each swap from the balances it holds.\n\nUniswap, the best-known example, started as \"an automated liquidity protocol based on a 'constant product formula',\" per the [Uniswap v2 whitepaper](https:\u002F\u002Fapp.uniswap.org\u002Fwhitepaper.pdf). The pool keeps the product of its two balances constant (x times y), so every token you take out costs more than the last one.\n\nThat's what price impact means. Uniswap's [swaps documentation](https:\u002F\u002Fdevelopers.uniswap.org\u002Fdocs\u002Fget-started\u002Fconcepts\u002Ftraders\u002Fswaps) puts it plainly: \"The greater the liquidity available at a given price, the lower the price impact for a given swap size.\" It defines slippage separately, as \"alterations to a given price that could occur while a submitted transaction is pending.\" You cap it with a slippage tolerance, and if the price moves past it, the swap fails.\n\nPools built for pegged assets go further. The [StableSwap paper](https:\u002F\u002Fclassic.curve.finance\u002Ffiles\u002Fstableswap-paper.pdf) behind Curve describes \"a fully autonomous market-maker for stablecoins with very minimal price slippage.\" For USDC to USDT, onchain liquidity is very good. The [market maker explainer](\u002Fresources\u002Fmore\u002Fwhat-is-a-market-maker-stablecoin-payments) covers how these pools compare with human market makers.\n\n## What is off-ramp liquidity?\n\nOff-ramp liquidity is a provider's ability to take your stablecoins and pay local currency into a bank account, at a rate it committed to, at the size you need. The [glossary for this cluster](\u002Fresources\u002Fmore\u002Fonramp-offramp-liquidity-glossary) defines it as converting at size, at a quoted rate, without the price moving against you.\n\nThree things have to exist for it to work:\n\n1. **Local currency in bank accounts.** Reais in Brazil, pesos in Mexico, sourced from the provider's own inventory, market makers, or banking partners.\n2. **A binding quote.** A price the provider will honor for a window, so the amount you see is the amount that lands.\n3. **Rail access.** A connection to Pix, SPEI, ACH, SEPA, or SWIFT (POBO\u002FCOBO) that delivers the money.\n\nNone of those are onchain. You can read a pool's reserves from any block explorer. You can't read a provider's reais. You infer them from how its quotes behave at size, which is what [on\u002Foff-ramp liquidity with live quotes](\u002Fresources\u002Fmore\u002Fon-off-ramp-liquidity-live-quotes) walks through.\n\n## How do onchain and off-ramp liquidity compare?\n\nSide by side, they share vocabulary and little else.\n\n| | Onchain liquidity | Off-ramp liquidity |\n| --- | --- | --- |\n| What's in the pool | Tokens (USDC, USDT, other tokens) | Local currency in bank accounts |\n| Where it lives | Smart contracts and exchange books | Bank accounts at the provider or its partners |\n| How the price is set | A formula or an order book, per swap | A quote from the provider, binding for a window |\n| How you see depth | Read the pool reserves | Request quotes at several sizes |\n| What slippage means | Price change while your transaction is pending | Gap between shown rate and settled rate |\n| What you end up with | Tokens in a wallet | Money in a bank account |\n| Hours | Every block, all week | The destination rail's hours (Pix and SPEI run 24\u002F7) |\n| Identity checks | Usually none at the pool | KYC or KYB before the first payout |\n\nThe bottom row explains a lot. A pool will swap for anyone. An off-ramp has to know who is sending and who is receiving, because it is moving money into the banking system. [Types of crypto off-ramps](\u002Fresources\u002Fmore\u002Ftypes-of-crypto-off-ramps) covers the different ways that gets done.\n\n## Why doesn't a deep USDC pool mean a deep BRL payout?\n\nBecause the reais aren't in the pool. A USDC\u002FUSDT pool, however large, swaps one dollar token for another. Getting reais into a Brazilian bank account needs somebody who holds reais in Brazilian bank accounts and will sell them to you.\n\nSome pools hold tokens pegged to local currencies. Swapping into one still leaves you holding a token, not a bank balance. Turning that token into reais is a second off-ramp, with its own spread and its own depth. The [direct vs indirect exchange guide](\u002Fresources\u002Fmore\u002Fdirect-vs-indirect-stablecoin-exchange) explains why each extra hop adds cost.\n\n**Illustrative example.** A constant-product pool holds 2,000,000 USDC and 10,800,000 units of a hypothetical BRL-pegged token, a price of 5.40. You swap 50,000 USDC in, ignoring pool fees:\n\n- Tokens out = 10,800,000 - (2,000,000 x 10,800,000) \u002F 2,050,000\n- = 10,800,000 - 10,536,585.37 = 263,414.63 tokens\n- Effective rate: 263,414.63 \u002F 50,000 = 5.2683\n- Price impact: (5.40 - 5.2683) \u002F 5.40 = about 2.44%, or 244 bps\n\nA $50,000 swap moved the price 244 bps in a $4 million pool. And you still hold tokens. An off-ramp with real depth quotes $50,000 at close to the same rate as $500, because the reais come from inventory sized for payouts, not from a pool sized for swaps. You'd confirm that with quotes at both sizes, captured in the same minute.\n\n## Where do the two meet in an off-ramp?\n\nAt one moment: when your stablecoins move onchain to the provider. Everything before that is onchain. Everything after is bank money.\n\n1. **You get a quote.** At BlindPay, a [payout quote](\u002Fdocs\u002Fpayout-quotes) takes the bank account, the amount, the `network`, and the `token`, and returns the rate, fees, and `receiver_amount`, valid for 5 minutes by default.\n2. **You authorize the exact amount.** On EVM chains, you `approve` the quoted amount using the `contract` payload in the quote ([payout with EVM](\u002Fdocs\u002Fpayout-evm)). Stellar and Solana have their own authorization flows.\n3. **The stablecoins move onchain.** Network fees and confirmation time depend on the chain. [What happens onchain in a stablecoin payment](\u002Fresources\u002Fmore\u002Fwhat-happens-on-chain-in-a-stablecoin-payment) walks through this leg.\n4. **The provider pays out locally.** The reais or pesos come from off-ramp liquidity and land over the rail.\n\nBlindPay settles stablecoins on Ethereum, Polygon, Base, Arbitrum, Tempo, Arc, Stellar, Solana, and Tron, with USDC or USDT depending on the network. The [supported chains reference](\u002Fdocs\u002Fkb\u002Fsupported-chains) lists every valid pair. Payouts funded from a wallet you control are non-custodial: you authorize the exact amount and BlindPay executes that single transaction.\n\nThe chain changes step 3. It doesn't change step 4. That's the whole point of keeping the two liquidity types apart.\n\n## Which one should you check before choosing a route?\n\nThe one that matches where the money needs to end up.\n\n- **Ending in tokens** (treasury rebalancing between USDC and USDT, moving funds between wallets): check onchain liquidity. Look at pool depth, expected price impact, and set a slippage tolerance.\n- **Ending in a bank account** (supplier payments, payroll, marketplace payouts): check off-ramp liquidity. Request quotes at several sizes, confirm they're binding, and compare the delivered amount.\n- **Both** (you hold USDT on Tron but your recipient needs reais): check the network for fees and finality, and the off-ramp for depth. [The best network to off-ramp stablecoins](\u002Fresources\u002Fmore\u002Fbest-network-to-off-ramp-stablecoins) compares chains on the first part.\n\nDecision rule: never use a pool size to judge an off-ramp. A pool tells you about tokens. A quote at size tells you about the payout.\n\n## What to do next\n\nPick your largest regular payout, then request [payout quotes](\u002Fdocs\u002Fpayout-quotes) at that size and at a tenth of it, on the network you already hold funds on. If the rate barely moves, the off-ramp has the depth you need, whatever the pools look like.\n",{"title":5,"description":430},"Onchain liquidity vs off-ramp liquidity, explained","resources\u002Fmore\u002Fonchain-liquidity-vs-offramp-liquidity","ax00H720TG_-jqWFToeSzjmH8MPwAJcxMOW53jHOWN0",[459,463,467,471,475,479,483,487,491,495,499,503,507,511,515,519,523,527,531,535,539,542,543,547,551,555,559,563,567,571,575,579,583,587,591,594,597,601,605,609,613,617,621,625,629,633,637,640,644],{"path":460,"title":461,"description":462},"\u002Fresources\u002Fmore\u002Fare-stablecoin-cards-safe","Are stablecoin cards safe? Peg, issuer, custody, and smart contract risks","The five risks of a stablecoin card: peg, program failure, custody, smart contracts, and fraud, with the August 2026 incident and a safety checklist.",{"path":464,"title":465,"description":466},"\u002Fresources\u002Fmore\u002Fare-stablecoin-payments-safe","Are stablecoin payments safe? The risks businesses should check, and how to reduce them","Stablecoin payments are as safe as the issuer, the network, the provider, and your own controls. The seven risks to check, with real incidents and fixes.",{"path":468,"title":469,"description":470},"\u002Fresources\u002Fmore\u002Fbest-stablecoin-apis-cross-border-payments-2026","Best stablecoin APIs for cross-border payments in 2026: BlindPay, Circle, Stripe, Bridge, and Fireblocks compared","Five stablecoin APIs compared for cross-border payments: primary use case, pre-funding requirement, payout regions, and developer experience, plus how to choose by buyer scenario.",{"path":472,"title":473,"description":474},"\u002Fresources\u002Fmore\u002Fbest-stablecoin-apis-2026","Best stablecoin APIs in 2026: 10 providers compared","Ten stablecoin APIs compared for 2026: BlindPay, Circle, Bridge, BVNK, Fireblocks, Crossmint, Zero Hash, Conduit, Sphere, and Borderless, across rails, custody, pricing, and compliance.",{"path":476,"title":477,"description":478},"\u002Fresources\u002Fmore\u002Fbest-virtual-account-providers-stablecoins","Best virtual account providers for stablecoins in 2026: BlindPay, Bridge, HIFI, Noah, and Conduit compared","Five virtual account providers for fiat and stablecoins compared on deposit rails, settlement chains, account naming, and custody, plus a 30-day test plan.",{"path":480,"title":481,"description":482},"\u002Fresources\u002Fmore\u002Fbusiness-vs-consumer-crypto-on-ramps","Business vs consumer crypto on-ramps: what changes when a company buys stablecoins","A consumer on-ramp sells crypto to one person, usually by card. A business on-ramp turns company bank deposits into stablecoins via an API. What differs.",{"path":484,"title":485,"description":486},"\u002Fresources\u002Fmore\u002Fcrypto-debit-card-vs-stablecoin-card-for-business","Crypto debit card vs. stablecoin card for business: custody, accounting, tax, and controls compared","Why a company should treat crypto debit cards and stablecoin cards differently: budget predictability, custody risk, per-swipe tax events, accounting, and spend controls.",{"path":488,"title":489,"description":490},"\u002Fresources\u002Fmore\u002Fcustodial-vs-self-custodial-stablecoin-cards","Custodial vs. self-custodial stablecoin cards: who actually holds your money?","Who holds the stablecoins behind your card: custodial vs. self-custodial models, smart-account allowances, failure modes, and what August 2026 showed.",{"path":492,"title":493,"description":494},"\u002Fresources\u002Fmore\u002Fdo-you-need-a-crypto-wallet-for-stablecoin-payments","Do you need a crypto wallet to make stablecoin payments?","Who needs a wallet in a stablecoin payment, who doesn't, and how payment providers hide keys, networks, gas, and confirmations from payers and recipients.",{"path":496,"title":497,"description":498},"\u002Fresources\u002Fmore\u002Fdoes-network-change-offramp-quote","Does the blockchain network change your off-ramp quote? What moves and what doesn't","Network and token are inputs to every payout quote. Which quote lines can change by chain, where gas sits, and how to compare two networks fairly.",{"path":500,"title":501,"description":502},"\u002Fresources\u002Fmore\u002Fhow-merchants-accept-stablecoin-payments","How merchants accept stablecoin payments: the complete 2026 guide","To accept stablecoin payments you need a receiving method, an off-ramp to local currency, and a settlement account. The full flow, costs, and options.",{"path":504,"title":505,"description":506},"\u002Fresources\u002Fmore\u002Fstablecoin-payment-orchestration-cross-border-payouts","How stablecoins fit into payment orchestration for cross-border payouts","Stablecoins are a settlement rail inside an orchestration strategy, not a replacement for banking. What changes: pre-funding, settlement time, FX visibility, and last-mile delivery over Pix and SPEI.",{"path":508,"title":509,"description":510},"\u002Fresources\u002Fmore\u002Faccept-bank-transfers-settle-in-stablecoins","How to accept bank transfers and settle in stablecoins using virtual accounts","Accept ACH, wire, and SWIFT and settle in USDC or USDT: the flow, the token, chain, and custody choices, and when a virtual account beats a memo code.",{"path":512,"title":513,"description":514},"\u002Fresources\u002Fmore\u002Fhow-to-choose-a-blockchain-payment-api","How to choose a blockchain payment API: a technical buyer's checklist","Seven checks for a blockchain payment API: SDKs, OpenAPI quality, abstraction level, networks, built-in compliance, local payout rails, and pricing.",{"path":516,"title":517,"description":518},"\u002Fresources\u002Fmore\u002Fhow-to-choose-a-stablecoin-api","How to choose a stablecoin API: the 6 questions that actually matter","Six criteria for evaluating a stablecoin API: pre-funding, compliance automation, local payout rails, settlement speed, developer experience, and pricing transparency, with a scorecard you can send to every vendor.",{"path":520,"title":521,"description":522},"\u002Fresources\u002Fmore\u002Fhow-to-evaluate-a-wallet-integration-provider","How to evaluate a wallet integration provider: 12-point checklist","A 12-point checklist for choosing a wallet or stablecoin payments provider: custody, chains, rails, pricing, compliance, SOC 2, SLAs, and AI tooling.",{"path":524,"title":525,"description":526},"\u002Fresources\u002Fmore\u002Fhow-to-fund-a-stablecoin-card","How to fund a stablecoin card: exchanges, wallet transfers, virtual accounts, and bank deposits","Four ways to fund a stablecoin card, compared by speed, cost, and control: exchange withdrawal, wallet transfer, virtual account deposit, and card top-up.",{"path":528,"title":529,"description":530},"\u002Fresources\u002Fmore\u002Fis-stripe-a-stablecoin-api","Is Stripe a stablecoin API? What a payout API, Stripe, and Bridge each do","Partly. Stripe offers stablecoin checkout and balances, and owns Bridge, a stablecoin infrastructure API. What each covers for cross-border payouts.",{"path":532,"title":533,"description":534},"\u002Fresources\u002Fmore\u002Fis-xrp-a-stablecoin","Is XRP a stablecoin? No, and here is the difference","XRP is not a stablecoin: its price floats freely with the market. Ripple's actual stablecoin is RLUSD. Here is how the two differ and why it matters.",{"path":536,"title":537,"description":538},"\u002Fresources\u002Fmore\u002Fotc-quote-vs-standard-quote","OTC quotes vs standard quotes for large BRL on-ramps: how a 10-second quote works","An OTC quote prices a large BRL to USDT on-ramp through an OTC desk, locks for 10 seconds, and lists fees as lines. When to pick it over a standard quote.",{"path":93,"title":540,"description":541},"On-ramp and off-ramp liquidity glossary: 40 terms for live quotes, spread, and settlement","Live quote, expiry, spread, slippage, basis points, depth, market maker, RFQ, pre-funding: the 40 terms behind on\u002Foff-ramp liquidity, in plain English.",{"path":452,"title":5,"description":430},{"path":544,"title":545,"description":546},"\u002Fresources\u002Fmore\u002Fstablecoin-api-pricing-explained","Stablecoin API pricing: mint fees, spread, and what you actually pay","The basis-point figure on a stablecoin provider's pricing page rarely matches the invoice, because mint fees, burn fees, spread, and issuer fees usually live below the line the marketing page shows.",{"path":548,"title":549,"description":550},"\u002Fresources\u002Fmore\u002Fstablecoin-api-vs-crypto-payment-gateway","Stablecoin API vs crypto payment gateway: what's the difference?","A crypto payment gateway accepts crypto at checkout. A stablecoin API moves money across borders through code, and neither side needs a wallet.",{"path":552,"title":553,"description":554},"\u002Fresources\u002Fmore\u002Fstablecoin-api-vs-traditional-cross-border-rails","Stablecoin API vs traditional cross-border rails: a plain-English guide for payments teams","A stablecoin API moves money across borders using dollar-pegged tokens like USDC instead of correspondent banks. How the flow works, what no pre-funding means, and a side-by-side table against SWIFT.",{"path":556,"title":557,"description":558},"\u002Fresources\u002Fmore\u002Fstablecoin-card-vs-crypto-debit-prepaid-credit","Stablecoin card vs. crypto debit card vs. prepaid vs. credit: which type of crypto card is which?","Four kinds of crypto card compared: funding source, when conversion happens, tax timing, volatility, fees to check, and who each one suits.",{"path":560,"title":561,"description":562},"\u002Fresources\u002Fmore\u002Fstablecoin-depeg-risk-payments","Stablecoin depeg risk for payment companies: what past depegs teach and how to set limits","A depeg hurts a payment flow only while you hold the stablecoin. What USDC's 2023 depeg and UST's collapse teach, and the limits and triggers to set.",{"path":564,"title":565,"description":566},"\u002Fresources\u002Fmore\u002Fstablecoin-payments-statistics-2026","Stablecoin payment statistics 2026: volume, B2B share, and cross-border data","Sourced stablecoin payment statistics for 2026: real payment volume vs transfer volume, B2B share, domestic vs cross-border, top markets, and chains.",{"path":568,"title":569,"description":570},"\u002Fresources\u002Fmore\u002Fstablecoin-card-statistics-2026","State of stablecoin cards 2026: volume, programs, networks, and risks (data report)","Sourced stablecoin card statistics for 2026: Visa volume and programs, monthly onchain spend, average ticket, chain and token mix, and incidents.",{"path":572,"title":573,"description":574},"\u002Fresources\u002Fmore\u002Ftypes-of-stablecoin-apis","Types of stablecoin APIs: issuer, wallet, orchestration, payout, and non-custodial APIs compared","The five types of stablecoin APIs, what each one does, and who holds the funds and the compliance work in each. Plus how they differ from exchange APIs.",{"path":576,"title":577,"description":578},"\u002Fresources\u002Fmore\u002Fusdc-vs-usdt-for-payments","USDC vs USDT for payments: which should businesses use?","USDC offers stronger reserve transparency and US regulatory posture; USDT offers deeper liquidity in emerging markets. Most payment flows should support both.",{"path":580,"title":581,"description":582},"\u002Fresources\u002Fmore\u002Fvirtual-account-fees","Virtual account fees: every cost between the payer's bank and the stablecoin wallet","Monthly, deposit, wire, SWIFT, conversion, and partner fees on a virtual account: who pays each one, and a worked 10,000 USD wire to USDC example.",{"path":584,"title":585,"description":586},"\u002Fresources\u002Fmore\u002Fvisa-mastercard-stablecoin-settlement","Visa and Mastercard stablecoin settlement explained: what changed in 2025 and 2026","How Visa's USDC settlement and $7B run rate, Mastercard's BVNK deal, and INFINIOS in Bahrain change card settlement, and what stays the same for payouts.",{"path":588,"title":589,"description":590},"\u002Fresources\u002Fmore\u002Fwallet-api-vs-embedded-wallet-sdk-vs-white-label","Wallet API vs embedded SDK vs white-label: which fits?","Compare the three wallet integration models on control, launch time, engineering effort, security, lock-in, and cost, with a five-question decision tree.",{"path":250,"title":592,"description":593},"What are the types of crypto off-ramps? Payment APIs, off-ramp wallets, exchanges, OTC desks, and wallet ramps compared","The five kinds of crypto off-ramp compared: who each serves, who holds funds, limits, trade-offs, consumer vs business, and why stablecoins win.",{"path":351,"title":595,"description":596},"What happens on-chain in a stablecoin payment? A step-by-step walkthrough","A stablecoin payment in five steps: bank deposit, conversion to USDC or USDT, on-chain delivery to a wallet, payout authorization, and local currency out.",{"path":598,"title":599,"description":600},"\u002Fresources\u002Fmore\u002Frfq-pricing-stablecoin-fx-explained","What is RFQ (request for quote) in stablecoin FX, and how does it relate to payouts?","RFQ is a pricing model where a taker asks approved liquidity providers for executable quotes and takes the best. How it works in stablecoin FX and payouts.",{"path":602,"title":603,"description":604},"\u002Fresources\u002Fmore\u002Fwhat-is-usdc","What is USDC? The dollar-pegged stablecoin explained","USDC is a dollar-pegged stablecoin issued by Circle, backed 1:1 by cash and short-term Treasuries and redeemable for US dollars. How it works and where it's used.",{"path":606,"title":607,"description":608},"\u002Fresources\u002Fmore\u002Fwhat-is-a-stablecoin-api","What is a stablecoin API? Infrastructure explained","A stablecoin API lets businesses move money with stablecoins through code: wallets, conversion, local payout rails, and compliance behind one integration.",{"path":610,"title":611,"description":612},"\u002Fresources\u002Fmore\u002Fwhat-is-a-stablecoin-backed-card","What is a stablecoin-backed card? How spending USDC with a card works, in plain English","A stablecoin-backed card spends USDC or USDT wherever Visa or Mastercard works. The four parts behind it, who does what, and where the money comes from.",{"path":614,"title":615,"description":616},"\u002Fresources\u002Fmore\u002Fwhat-is-a-stablecoin","What is a stablecoin? Definition, types, and how they work","A stablecoin is a digital token designed to hold a fixed value, usually one US dollar. Learn how they stay stable, the main types, and what they are used for.",{"path":618,"title":619,"description":620},"\u002Fresources\u002Fmore\u002Fwhat-is-an-off-ramp-wallet","What is an off-ramp wallet? A deposit address that pays out to a bank account","An off-ramp wallet turns every USDC or USDT deposit into fiat paid to a linked bank account, with no quote or payout call. How it works, fees, minimums.",{"path":622,"title":623,"description":624},"\u002Fresources\u002Fmore\u002Fwhat-is-crypto-wallet-integration","What is crypto wallet integration? A developer's guide","Crypto wallet integration adds wallets, key custody, signing, and compliance to an app. The six components, three integration models, and cost drivers.",{"path":626,"title":627,"description":628},"\u002Fresources\u002Fmore\u002Fwhat-is-stablecoin-card-issuing","What is stablecoin card issuing? How it works, who uses it, and how it differs from crypto debit cards","Stablecoin card issuing explained: how a USDC or USDT balance pays a card merchant in local currency, who runs each layer, and how it differs from a crypto debit card.",{"path":630,"title":631,"description":632},"\u002Fresources\u002Fmore\u002Fwhat-is-stablecoin-infrastructure","What is stablecoin infrastructure? The 8 layers of a stablecoin payments stack","Stablecoin infrastructure is the stack that issues, moves, converts, secures, and checks stablecoins. Here are its 8 layers and who provides each.",{"path":634,"title":635,"description":636},"\u002Fresources\u002Fmore\u002Fstablecoin-card-demand-by-country","Where stablecoin card demand is growing: the US, India, UAE, Vietnam, Pakistan, and beyond","Which countries ask AI about stablecoin cards most, why interest is rising in India, the UAE, Vietnam, and Pakistan, and where local payouts matter.",{"path":400,"title":638,"description":639},"Which network should you use to off-ramp stablecoins? Finality, fees, and confirmations by chain","How Ethereum, Polygon, Base, Arbitrum, Solana, Tron, Stellar, Tempo, and Arc compare for off-ramps: time to finality, fee model, and which tokens work.",{"path":641,"title":642,"description":643},"\u002Fresources\u002Fmore\u002Fbest-stablecoin-for-card-spending","Which stablecoin is best for card spending? USDC vs USDT vs euro stablecoins","Which stablecoins power crypto cards in 2026: USDC vs USDT vs euro stablecoins and synthetic dollars, compared on reserves, rules, chains, and support.",{"path":645,"title":646,"description":647},"\u002Fresources\u002Fmore\u002Fwhy-onramp-and-offramp-rates-differ","Why are on-ramp and off-ramp rates different? Bid, ask, and the round-trip cost","Buying stablecoins and selling them back happen at two prices. How bid, ask, and mid-market rates work, and how to calculate a round-trip cost.",1792077655978]