[{"data":1,"prerenderedAt":721},["ShallowReactive",2],{"content-\u002Fresources\u002Fmore\u002Fwhat-is-stablecoin-checkout":3,"resources-category-what-is-stablecoin-checkout":455},{"id":4,"title":5,"authors":6,"body":7,"categories":6,"category":425,"categoryType":6,"compare":6,"contributors":6,"date":426,"description":427,"extension":428,"faq":429,"howto":6,"isBlog":445,"isChangelog":445,"meta":446,"navigation":448,"path":449,"pillar":445,"products":6,"rawbody":450,"role":6,"seo":451,"seoTitle":452,"standalone":445,"stem":453,"thumbnail":6,"translationOf":6,"updated":426,"__hash__":454},"content\u002Fresources\u002Fmore\u002Fwhat-is-stablecoin-checkout.md","What is a stablecoin checkout? Two models explained (2026)",null,{"type":8,"value":9,"toc":413},"minimark",[10,14,23,29,48,53,56,62,68,156,163,167,170,173,206,220,224,227,253,257,260,284,292,296,299,325,333,337,340,348,359,362,365,369,401,405],[11,12,13],"p",{},"A stablecoin checkout is a payment page where stablecoins carry the value from the shopper to the business. It comes in two models. In the wallet model the shopper pays USDC or USDT from their own wallet. In the settlement model the shopper pays with a local method like Pix or SPEI, and the business receives stablecoins after the deposit lands.",[11,15,16,17,22],{},"Readers mix the two up all the time, and the choice changes who your checkout can serve. This guide explains both, as of October 2026. For the full picture of the checkout stack, start with ",[18,19,21],"a",{"href":20},"\u002Fresources\u002Fmore\u002Fwhat-is-a-global-payments-checkout","what a global payments checkout is",".",[11,24,25],{},[26,27,28],"strong",{},"Key takeaways",[30,31,32,36,39,42,45],"ul",{},[33,34,35],"li",{},"There are two stablecoin checkout models: the shopper pays in stablecoins, or the shopper pays locally and the business settles in stablecoins.",[33,37,38],{},"A stablecoin is a digital dollar token such as USDC or USDT. In the settlement model the shopper never touches one.",[33,40,41],{},"Stripe's test of 50+ payment methods found an average 7.4% conversion lift when businesses showed at least one relevant method beyond cards, which favors local methods at checkout.",[33,43,44],{},"BlindPay runs the settlement model: shoppers pay by Pix, SPEI, Transfers 3.0, PSE, ACH, wire, or RTP, and the merchant receives USD stablecoins.",[33,46,47],{},"The off-ramp matters as much as the on-ramp. Check that the provider converts to local currency on named rails.",[49,50,52],"h2",{"id":51},"what-are-the-two-models-of-stablecoin-checkout","What are the two models of stablecoin checkout?",[11,54,55],{},"The difference is who holds the stablecoin. In model A the shopper does. In model B only the business does.",[11,57,58,61],{},[26,59,60],{},"Model A: the shopper pays from a wallet."," The checkout shows a wallet address or a QR code. The shopper opens their crypto wallet, sends USDC or USDT, and the merchant's wallet receives it. This works when your buyers already keep dollars on-chain, such as freelancers paid in USDC or crypto-native teams.",[11,63,64,67],{},[26,65,66],{},"Model B: the shopper pays locally, the business settles in stablecoins."," The checkout shows a local payment method. A Brazilian shopper copies a Pix code into their bank app. A Mexican shopper sends a SPEI transfer to a CLABE. Once the money lands, the provider converts it and delivers stablecoins to the merchant. The shopper only ever sees their own currency and their own bank.",[69,70,71,86],"table",{},[72,73,74],"thead",{},[75,76,77,80,83],"tr",{},[78,79],"th",{},[78,81,82],{},"Model A: shopper pays in stablecoins",[78,84,85],{},"Model B: stablecoin settlement behind the checkout",[87,88,89,101,112,123,134,145],"tbody",{},[75,90,91,95,98],{},[92,93,94],"td",{},"Who holds the stablecoin",[92,96,97],{},"The shopper, then the merchant",[92,99,100],{},"Only the merchant",[75,102,103,106,109],{},[92,104,105],{},"What the shopper sees",[92,107,108],{},"A wallet address or QR code",[92,110,111],{},"A Pix code, CLABE, PSE link, or bank details",[75,113,114,117,120],{},[92,115,116],{},"FX for the shopper",[92,118,119],{},"The shopper converts to USDC before paying",[92,121,122],{},"Built into the local amount shown at checkout",[75,124,125,128,131],{},[92,126,127],{},"Getting to local currency",[92,129,130],{},"The merchant needs a separate off-ramp",[92,132,133],{},"The provider pays out to a bank on local rails",[75,135,136,139,142],{},[92,137,138],{},"Reach",[92,140,141],{},"Shoppers who already hold stablecoins",[92,143,144],{},"Anyone with a local bank account",[75,146,147,150,153],{},[92,148,149],{},"Best for",[92,151,152],{},"Crypto-native buyers and B2B partners",[92,154,155],{},"Consumer and B2B sales into Latin America and the US",[11,157,158,162],{},[18,159,161],{"href":160},"\u002Fresources\u002Fmore\u002Fhow-merchants-accept-stablecoin-payments","How merchants accept stablecoin payments"," covers the merchant side of model A in more detail.",[49,164,166],{"id":165},"why-do-businesses-settle-in-stablecoins-behind-the-checkout","Why do businesses settle in stablecoins behind the checkout?",[11,168,169],{},"Because the business gets dollars fast without asking the shopper to change how they pay. Local rails collect the money, and stablecoins move it to the merchant.",[11,171,172],{},"Three reasons come up most:",[30,174,175,194,200],{},[33,176,177,180,181,187,188,193],{},[26,178,179],{},"Speed."," Instant rails settle fast at the source. Banco de México says a ",[18,182,186],{"href":183,"rel":184},"https:\u002F\u002Fwww.banxico.org.mx\u002Fservices\u002Finterbanking-electronic-payme.html",[185],"nofollow","SPEI payment should take no more than 30 seconds"," after approval, and ",[18,189,192],{"href":190,"rel":191},"https:\u002F\u002Fwww.bcb.gov.br\u002Fen\u002Ffinancialstability\u002Fpix_en",[185],"Pix"," runs 24\u002F7. Converting to stablecoins right after the deposit keeps that speed on the merchant side.",[33,195,196,199],{},[26,197,198],{},"One dollar balance."," Pesos, reais, and dollars from US bank transfers all end up as USDC or USDT in one place. That is simpler to reconcile than a bank account per country.",[33,201,202,205],{},[26,203,204],{},"Hours."," A stablecoin balance can move on a weekend. A merchant does not wait for a correspondent bank to open.",[11,207,208,209,214,215,219],{},"The local method itself drives conversion. ",[18,210,213],{"href":211,"rel":212},"https:\u002F\u002Fstripe.com\u002Fblog\u002Ftesting-the-conversion-impact-of-50-plus-global-payment-methods",[185],"Stripe's test of more than 50 payment methods",", published April 2025, found businesses that surfaced at least one relevant method beyond cards saw on average a 7.4% increase in conversion and a 12% increase in revenue. Results varied by method, country, and industry, and Pix was not part of that test. ",[18,216,218],{"href":217},"\u002Fresources\u002Fmore\u002Flocal-payment-methods-checkout-conversion","Do local payment methods raise checkout conversion?"," walks through the numbers.",[49,221,223],{"id":222},"what-are-the-limits-of-stablecoin-checkout","What are the limits of stablecoin checkout?",[11,225,226],{},"Each model has a weak spot. Know it before you build.",[30,228,229,235,241,247],{},[33,230,231,234],{},[26,232,233],{},"Off-ramp availability."," A stablecoin balance only helps if you can turn it into the currency you spend. Ask which rails the provider pays out on, by country, not just which countries it lists.",[33,236,237,240],{},[26,238,239],{},"Compliance."," Someone must verify the merchant (KYB), screen payments against sanctions lists, and monitor activity. In model B that sits with the provider running the local rails. In model A, a raw wallet address gives you little information about the payer.",[33,242,243,246],{},[26,244,245],{},"Finality and refunds."," An on-chain transfer is final once confirmed. Refunds become a new payment in the other direction, not a reversal. Plan a refund process before launch.",[33,248,249,252],{},[26,250,251],{},"Shopper reach."," Model A only reaches people who already hold stablecoins. Model B reaches anyone with a bank account in a supported country.",[49,254,256],{"id":255},"how-does-a-settlement-model-checkout-work-step-by-step","How does a settlement model checkout work, step by step?",[11,258,259],{},"The shopper pays in local currency and the merchant receives stablecoins in minutes on instant rails. Here is the flow for a Brazilian shopper paying a US merchant by Pix:",[261,262,263,266,269,272,275,278,281],"ol",{},[33,264,265],{},"The merchant prices the order in USD, for example US$86.00.",[33,267,268],{},"The checkout requests a payin quote for Pix. The quote locks the rate and fees for 5 minutes and returns the BRL amount the shopper pays, fees included.",[33,270,271],{},"The shopper enters their CPF. The quote validates it against the Receita Federal check digits before any money moves.",[33,273,274],{},"The checkout creates the payin and shows the Pix code as a QR code and as copyable text.",[33,276,277],{},"The shopper pays from their bank app. Pix payins typically arrive within minutes.",[33,279,280],{},"The provider converts the reais and delivers USD stablecoins to the merchant's wallet, then sends a webhook.",[33,282,283],{},"The merchant withdraws to a bank account whenever it wants, with a payout quote.",[11,285,286,287,291],{},"The shopper never sees a token. The merchant never handles reais. ",[18,288,290],{"href":289},"\u002Fresources\u002Fmore\u002Fstablecoin-settlement-for-merchants","Stablecoin settlement for merchants"," compares this timing with card settlement.",[49,293,295],{"id":294},"how-do-you-pick-a-stablecoin-checkout-model","How do you pick a stablecoin checkout model?",[11,297,298],{},"Start from how your buyers pay today. Then check what you need on the way out.",[30,300,301,307,313,319],{},[33,302,303,306],{},[26,304,305],{},"Your buyers pay by bank transfer and see prices in local currency."," Use the settlement model. That covers most consumer and SMB checkouts in Brazil, Mexico, Colombia, and Argentina.",[33,308,309,312],{},[26,310,311],{},"Your buyers already hold USDC or USDT."," Offer wallet payments, but keep a local method next to it, since most people still pay from a bank.",[33,314,315,318],{},[26,316,317],{},"You need to pay suppliers or sellers in local currency."," Pick a provider whose payout side covers your corridors on named rails.",[33,320,321,324],{},[26,322,323],{},"You are a platform with many merchants."," You need KYB per merchant and a way to earn a fee on each payment.",[11,326,327,328,332],{},"Some gateways accept stablecoins into the merchant's wallet without converting to local fiat on either side. ",[18,329,331],{"href":330},"\u002Fresources\u002Fmore\u002Fstablecoin-api-vs-crypto-payment-gateway","Stablecoin API vs crypto payment gateway"," explains that split. Ask any provider whether it converts to local currency and on which rails.",[49,334,336],{"id":335},"how-does-blindpay-fit-into-a-stablecoin-checkout","How does BlindPay fit into a stablecoin checkout?",[11,338,339],{},"BlindPay runs the settlement model through one API. You build the checkout page and sessions, and BlindPay moves the money.",[11,341,342,343,347],{},"Shoppers pay with the rail they already use: Pix in Brazil, SPEI in Mexico, Transfers 3.0 in Argentina, PSE in Colombia, or ACH, wire, or RTP in the US. Each payment starts with a payin quote that locks the amount, the fees, and the destination for 5 minutes. With a receiver-denominated quote and ",[344,345,346],"code",{},"cover_fees"," set to true, the merchant receives exactly the USD price and the shopper's local amount includes fees and exchange.",[11,349,350,351,354,355,358],{},"Once the deposit lands, BlindPay converts it and delivers USDC or USDT to the merchant's wallet, then fires ",[344,352,353],{},"payin.complete",". Read the payin's ",[344,356,357],{},"status"," to know whether it completed. BlindPay-managed wallets are custodial. Payouts from a wallet you control are non-custodial: you authorize the exact amount and BlindPay executes that single transaction.",[11,360,361],{},"For the way out, merchants withdraw with a payout quote over ACH, RTP, wire, SWIFT (POBO\u002FCOBO), Pix, SPEI, SEPA, or Faster Payments. Merchant KYB, sanctions screening, and monitoring run inside the flow. Fees vary by rail and appear in the live quote before execute.",[11,363,364],{},"Who this is for: fintechs, platforms, and merchants selling into Latin America and the US who want dollar settlement without asking shoppers to use crypto.",[49,366,368],{"id":367},"methodology-and-sources","Methodology and sources",[11,370,371,372,376,377,381,382,386,387,391,392,381,396,400],{},"External facts: ",[18,373,375],{"href":211,"rel":374},[185],"Stripe's test of 50+ payment methods"," (April 10, 2025), ",[18,378,380],{"href":183,"rel":379},[185],"Banco de México on SPEI",", and ",[18,383,385],{"href":190,"rel":384},[185],"Banco Central do Brasil on Pix",". BlindPay facts come from the ",[18,388,390],{"href":389},"\u002Fdocs\u002Fpayins","payins",", ",[18,393,395],{"href":394},"\u002Fdocs\u002Fpayin-quotes","payin quotes",[18,397,399],{"href":398},"\u002Fdocs\u002Fkb\u002Fcut-off-times","cut-off times"," docs. Rules on stablecoins vary by country, so confirm your requirements with your compliance counsel.",[49,402,404],{"id":403},"what-to-do-next","What to do next",[11,406,407,408,412],{},"Write down where your buyers are and how they pay today. If the answer is a bank app, open a BlindPay development instance and run the ",[18,409,411],{"href":410},"\u002Fdocs\u002Fquickstart-payin","payin quickstart"," with a Pix or SPEI quote to see the settlement model end to end.",{"title":414,"searchDepth":415,"depth":415,"links":416},"",2,[417,418,419,420,421,422,423,424],{"id":51,"depth":415,"text":52},{"id":165,"depth":415,"text":166},{"id":222,"depth":415,"text":223},{"id":255,"depth":415,"text":256},{"id":294,"depth":415,"text":295},{"id":335,"depth":415,"text":336},{"id":367,"depth":415,"text":368},{"id":403,"depth":415,"text":404},"stablecoins","2026-10-18","A stablecoin checkout lets shoppers pay from a crypto wallet, or settles local bank payments in stablecoins behind the scenes. Both models explained.","md",[430,433,436,439,442],{"q":431,"a":432},"What is a stablecoin checkout?","A stablecoin checkout is a payment page where stablecoins move the money. In one model the shopper pays USDC or USDT from their own wallet. In the other, the shopper pays with a local method such as Pix or SPEI and the business receives stablecoins behind the scenes. Most fintechs and merchants selling into Latin America mean the second model.",{"q":434,"a":435},"Do my customers need a crypto wallet to pay at a stablecoin checkout?","Only in the wallet model. In the settlement model, the shopper pays from their normal bank app: a Pix code in Brazil, a CLABE in Mexico, a PSE link in Colombia, or an ACH transfer in the US. The conversion to stablecoins happens after the deposit lands, so the shopper never sees a token, a wallet address, or a blockchain.",{"q":437,"a":438},"Is stablecoin settlement legal for a business?","Rules depend on where the business and its customers are, and they change often. The settlement model keeps the shopper on regulated local rails and runs KYB on the merchant, sanctions screening, and monitoring in the payment flow. Treat this as general information, not legal advice, and confirm the requirements for your markets with your compliance counsel before launch.",{"q":440,"a":441},"How do I convert stablecoins from a checkout into local currency?","Request a payout quote for the bank account you want to fund, then execute it before it expires. With BlindPay the quote locks the rate and fees for 5 minutes, and the payout goes out over rails such as ACH, RTP, wire, SWIFT (POBO\u002FCOBO), Pix, SPEI, SEPA, or Faster Payments, depending on the destination account.",{"q":443,"a":444},"Which stablecoin checkout model fits a fintech?","Pick the settlement model if your customers already pay by bank transfer and expect local currency prices, which covers most of Brazil, Mexico, Colombia, and Argentina. Pick the wallet model only if your customers already hold USDC or USDT and want to spend it. Many teams start with settlement and add wallet payments later as a second option.",false,{"author":447},"BlindPay Team",true,"\u002Fresources\u002Fmore\u002Fwhat-is-stablecoin-checkout","---\ntitle: \"What is a stablecoin checkout? Two models explained (2026)\"\nseoTitle: \"What is a stablecoin checkout? Two models explained\"\ndescription: \"A stablecoin checkout lets shoppers pay from a crypto wallet, or settles local bank payments in stablecoins behind the scenes. Both models explained.\"\ndate: \"2026-10-18\"\nupdated: \"2026-10-18\"\ncategory: \"stablecoins\"\nauthor: \"BlindPay Team\"\nfaq:\n  - q: \"What is a stablecoin checkout?\"\n    a: \"A stablecoin checkout is a payment page where stablecoins move the money. In one model the shopper pays USDC or USDT from their own wallet. In the other, the shopper pays with a local method such as Pix or SPEI and the business receives stablecoins behind the scenes. Most fintechs and merchants selling into Latin America mean the second model.\"\n  - q: \"Do my customers need a crypto wallet to pay at a stablecoin checkout?\"\n    a: \"Only in the wallet model. In the settlement model, the shopper pays from their normal bank app: a Pix code in Brazil, a CLABE in Mexico, a PSE link in Colombia, or an ACH transfer in the US. The conversion to stablecoins happens after the deposit lands, so the shopper never sees a token, a wallet address, or a blockchain.\"\n  - q: \"Is stablecoin settlement legal for a business?\"\n    a: \"Rules depend on where the business and its customers are, and they change often. The settlement model keeps the shopper on regulated local rails and runs KYB on the merchant, sanctions screening, and monitoring in the payment flow. Treat this as general information, not legal advice, and confirm the requirements for your markets with your compliance counsel before launch.\"\n  - q: \"How do I convert stablecoins from a checkout into local currency?\"\n    a: \"Request a payout quote for the bank account you want to fund, then execute it before it expires. With BlindPay the quote locks the rate and fees for 5 minutes, and the payout goes out over rails such as ACH, RTP, wire, SWIFT (POBO\u002FCOBO), Pix, SPEI, SEPA, or Faster Payments, depending on the destination account.\"\n  - q: \"Which stablecoin checkout model fits a fintech?\"\n    a: \"Pick the settlement model if your customers already pay by bank transfer and expect local currency prices, which covers most of Brazil, Mexico, Colombia, and Argentina. Pick the wallet model only if your customers already hold USDC or USDT and want to spend it. Many teams start with settlement and add wallet payments later as a second option.\"\n---\n\nA stablecoin checkout is a payment page where stablecoins carry the value from the shopper to the business. It comes in two models. In the wallet model the shopper pays USDC or USDT from their own wallet. In the settlement model the shopper pays with a local method like Pix or SPEI, and the business receives stablecoins after the deposit lands.\n\nReaders mix the two up all the time, and the choice changes who your checkout can serve. This guide explains both, as of October 2026. For the full picture of the checkout stack, start with [what a global payments checkout is](\u002Fresources\u002Fmore\u002Fwhat-is-a-global-payments-checkout).\n\n**Key takeaways**\n\n- There are two stablecoin checkout models: the shopper pays in stablecoins, or the shopper pays locally and the business settles in stablecoins.\n- A stablecoin is a digital dollar token such as USDC or USDT. In the settlement model the shopper never touches one.\n- Stripe's test of 50+ payment methods found an average 7.4% conversion lift when businesses showed at least one relevant method beyond cards, which favors local methods at checkout.\n- BlindPay runs the settlement model: shoppers pay by Pix, SPEI, Transfers 3.0, PSE, ACH, wire, or RTP, and the merchant receives USD stablecoins.\n- The off-ramp matters as much as the on-ramp. Check that the provider converts to local currency on named rails.\n\n## What are the two models of stablecoin checkout?\n\nThe difference is who holds the stablecoin. In model A the shopper does. In model B only the business does.\n\n**Model A: the shopper pays from a wallet.** The checkout shows a wallet address or a QR code. The shopper opens their crypto wallet, sends USDC or USDT, and the merchant's wallet receives it. This works when your buyers already keep dollars on-chain, such as freelancers paid in USDC or crypto-native teams.\n\n**Model B: the shopper pays locally, the business settles in stablecoins.** The checkout shows a local payment method. A Brazilian shopper copies a Pix code into their bank app. A Mexican shopper sends a SPEI transfer to a CLABE. Once the money lands, the provider converts it and delivers stablecoins to the merchant. The shopper only ever sees their own currency and their own bank.\n\n| | Model A: shopper pays in stablecoins | Model B: stablecoin settlement behind the checkout |\n| --- | --- | --- |\n| Who holds the stablecoin | The shopper, then the merchant | Only the merchant |\n| What the shopper sees | A wallet address or QR code | A Pix code, CLABE, PSE link, or bank details |\n| FX for the shopper | The shopper converts to USDC before paying | Built into the local amount shown at checkout |\n| Getting to local currency | The merchant needs a separate off-ramp | The provider pays out to a bank on local rails |\n| Reach | Shoppers who already hold stablecoins | Anyone with a local bank account |\n| Best for | Crypto-native buyers and B2B partners | Consumer and B2B sales into Latin America and the US |\n\n[How merchants accept stablecoin payments](\u002Fresources\u002Fmore\u002Fhow-merchants-accept-stablecoin-payments) covers the merchant side of model A in more detail.\n\n## Why do businesses settle in stablecoins behind the checkout?\n\nBecause the business gets dollars fast without asking the shopper to change how they pay. Local rails collect the money, and stablecoins move it to the merchant.\n\nThree reasons come up most:\n\n- **Speed.** Instant rails settle fast at the source. Banco de México says a [SPEI payment should take no more than 30 seconds](https:\u002F\u002Fwww.banxico.org.mx\u002Fservices\u002Finterbanking-electronic-payme.html) after approval, and [Pix](https:\u002F\u002Fwww.bcb.gov.br\u002Fen\u002Ffinancialstability\u002Fpix_en) runs 24\u002F7. Converting to stablecoins right after the deposit keeps that speed on the merchant side.\n- **One dollar balance.** Pesos, reais, and dollars from US bank transfers all end up as USDC or USDT in one place. That is simpler to reconcile than a bank account per country.\n- **Hours.** A stablecoin balance can move on a weekend. A merchant does not wait for a correspondent bank to open.\n\nThe local method itself drives conversion. [Stripe's test of more than 50 payment methods](https:\u002F\u002Fstripe.com\u002Fblog\u002Ftesting-the-conversion-impact-of-50-plus-global-payment-methods), published April 2025, found businesses that surfaced at least one relevant method beyond cards saw on average a 7.4% increase in conversion and a 12% increase in revenue. Results varied by method, country, and industry, and Pix was not part of that test. [Do local payment methods raise checkout conversion?](\u002Fresources\u002Fmore\u002Flocal-payment-methods-checkout-conversion) walks through the numbers.\n\n## What are the limits of stablecoin checkout?\n\nEach model has a weak spot. Know it before you build.\n\n- **Off-ramp availability.** A stablecoin balance only helps if you can turn it into the currency you spend. Ask which rails the provider pays out on, by country, not just which countries it lists.\n- **Compliance.** Someone must verify the merchant (KYB), screen payments against sanctions lists, and monitor activity. In model B that sits with the provider running the local rails. In model A, a raw wallet address gives you little information about the payer.\n- **Finality and refunds.** An on-chain transfer is final once confirmed. Refunds become a new payment in the other direction, not a reversal. Plan a refund process before launch.\n- **Shopper reach.** Model A only reaches people who already hold stablecoins. Model B reaches anyone with a bank account in a supported country.\n\n## How does a settlement model checkout work, step by step?\n\nThe shopper pays in local currency and the merchant receives stablecoins in minutes on instant rails. Here is the flow for a Brazilian shopper paying a US merchant by Pix:\n\n1. The merchant prices the order in USD, for example US$86.00.\n2. The checkout requests a payin quote for Pix. The quote locks the rate and fees for 5 minutes and returns the BRL amount the shopper pays, fees included.\n3. The shopper enters their CPF. The quote validates it against the Receita Federal check digits before any money moves.\n4. The checkout creates the payin and shows the Pix code as a QR code and as copyable text.\n5. The shopper pays from their bank app. Pix payins typically arrive within minutes.\n6. The provider converts the reais and delivers USD stablecoins to the merchant's wallet, then sends a webhook.\n7. The merchant withdraws to a bank account whenever it wants, with a payout quote.\n\nThe shopper never sees a token. The merchant never handles reais. [Stablecoin settlement for merchants](\u002Fresources\u002Fmore\u002Fstablecoin-settlement-for-merchants) compares this timing with card settlement.\n\n## How do you pick a stablecoin checkout model?\n\nStart from how your buyers pay today. Then check what you need on the way out.\n\n- **Your buyers pay by bank transfer and see prices in local currency.** Use the settlement model. That covers most consumer and SMB checkouts in Brazil, Mexico, Colombia, and Argentina.\n- **Your buyers already hold USDC or USDT.** Offer wallet payments, but keep a local method next to it, since most people still pay from a bank.\n- **You need to pay suppliers or sellers in local currency.** Pick a provider whose payout side covers your corridors on named rails.\n- **You are a platform with many merchants.** You need KYB per merchant and a way to earn a fee on each payment.\n\nSome gateways accept stablecoins into the merchant's wallet without converting to local fiat on either side. [Stablecoin API vs crypto payment gateway](\u002Fresources\u002Fmore\u002Fstablecoin-api-vs-crypto-payment-gateway) explains that split. Ask any provider whether it converts to local currency and on which rails.\n\n## How does BlindPay fit into a stablecoin checkout?\n\nBlindPay runs the settlement model through one API. You build the checkout page and sessions, and BlindPay moves the money.\n\nShoppers pay with the rail they already use: Pix in Brazil, SPEI in Mexico, Transfers 3.0 in Argentina, PSE in Colombia, or ACH, wire, or RTP in the US. Each payment starts with a payin quote that locks the amount, the fees, and the destination for 5 minutes. With a receiver-denominated quote and `cover_fees` set to true, the merchant receives exactly the USD price and the shopper's local amount includes fees and exchange.\n\nOnce the deposit lands, BlindPay converts it and delivers USDC or USDT to the merchant's wallet, then fires `payin.complete`. Read the payin's `status` to know whether it completed. BlindPay-managed wallets are custodial. Payouts from a wallet you control are non-custodial: you authorize the exact amount and BlindPay executes that single transaction.\n\nFor the way out, merchants withdraw with a payout quote over ACH, RTP, wire, SWIFT (POBO\u002FCOBO), Pix, SPEI, SEPA, or Faster Payments. Merchant KYB, sanctions screening, and monitoring run inside the flow. Fees vary by rail and appear in the live quote before execute.\n\nWho this is for: fintechs, platforms, and merchants selling into Latin America and the US who want dollar settlement without asking shoppers to use crypto.\n\n## Methodology and sources\n\nExternal facts: [Stripe's test of 50+ payment methods](https:\u002F\u002Fstripe.com\u002Fblog\u002Ftesting-the-conversion-impact-of-50-plus-global-payment-methods) (April 10, 2025), [Banco de México on SPEI](https:\u002F\u002Fwww.banxico.org.mx\u002Fservices\u002Finterbanking-electronic-payme.html), and [Banco Central do Brasil on Pix](https:\u002F\u002Fwww.bcb.gov.br\u002Fen\u002Ffinancialstability\u002Fpix_en). BlindPay facts come from the [payins](\u002Fdocs\u002Fpayins), [payin quotes](\u002Fdocs\u002Fpayin-quotes), and [cut-off times](\u002Fdocs\u002Fkb\u002Fcut-off-times) docs. Rules on stablecoins vary by country, so confirm your requirements with your compliance counsel.\n\n## What to do next\n\nWrite down where your buyers are and how they pay today. If the answer is a bank app, open a BlindPay development instance and run the [payin quickstart](\u002Fdocs\u002Fquickstart-payin) with a Pix or SPEI quote to see the settlement model end to end.\n",{"title":5,"description":427},"What is a stablecoin checkout? Two models explained","resources\u002Fmore\u002Fwhat-is-stablecoin-checkout","Lk-vVUh6JqPLzhrOCUaT-MuZyn9NagZIALHrLSMAnDo",[456,461,466,471,476,481,486,491,496,501,505,510,515,519,524,529,534,538,543,548,553,557,562,567,572,577,582,586,590,594,599,603,608,612,616,621,626,630,634,639,643,648,652,657,662,667,672,676,677,682,686,691,696,701,705,709,713,717],{"path":457,"title":458,"description":459,"date":460},"\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.","2026-09-27",{"path":462,"title":463,"description":464,"date":465},"\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.","2026-09-26",{"path":467,"title":468,"description":469,"date":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.","2026-09-17",{"path":472,"title":473,"description":474,"date":475},"\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.","2026-08-15",{"path":477,"title":478,"description":479,"date":480},"\u002Fresources\u002Fmore\u002Fbest-stablecoin-infrastructure-for-neobanks-2026","Best stablecoin infrastructure for neobanks in 2026: BlindPay vs Bridge, BVNK, Crossmint, and Circle","Stablecoin infrastructure for neobanks compared: BlindPay, Bridge, BVNK, Crossmint, and Circle on rails, accounts, custody, compliance, pricing, tooling.","2026-10-04",{"path":482,"title":483,"description":484,"date":485},"\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.","2026-09-30",{"path":487,"title":488,"description":489,"date":490},"\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.","2026-08-23",{"path":492,"title":493,"description":494,"date":495},"\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.","2026-09-08",{"path":497,"title":498,"description":499,"date":500},"\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.","2026-09-23",{"path":502,"title":503,"description":504,"date":460},"\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":506,"title":507,"description":508,"date":509},"\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.","2026-10-06",{"path":511,"title":512,"description":513,"date":514},"\u002Fresources\u002Fmore\u002Fstablecoin-platform-vs-payout-api","Full-stack stablecoin platform vs payout API: which layer does your product need?","Issuance, wallets, cards, orchestration, or local payouts? Map your job to the right layer of the stablecoin stack, with BlindPay and Bridge as examples.","2026-10-14",{"path":160,"title":516,"description":517,"date":518},"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.","2026-07-21",{"path":520,"title":521,"description":522,"date":523},"\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.","2026-09-16",{"path":525,"title":526,"description":527,"date":528},"\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.","2026-08-18",{"path":530,"title":531,"description":532,"date":533},"\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.","2026-09-25",{"path":535,"title":536,"description":537,"date":470},"\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":539,"title":540,"description":541,"date":542},"\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.","2026-09-29",{"path":544,"title":545,"description":546,"date":547},"\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.","2026-10-08",{"path":549,"title":550,"description":551,"date":552},"\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.","2026-07-09",{"path":554,"title":555,"description":556,"date":475},"\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":558,"title":559,"description":560,"date":561},"\u002Fresources\u002Fmore\u002Fneobank-stablecoin-stack-by-layer","Neobank stablecoin stack by layer: BlindPay, Bridge, Circle, Fireblocks, Paxos, and BVNK","Which stablecoin provider fits each neobank layer: BlindPay for accounts in and local payouts, plus Bridge, Circle, Fireblocks, Paxos, and BVNK.","2026-11-03",{"path":563,"title":564,"description":565,"date":566},"\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.","2026-10-01",{"path":568,"title":569,"description":570,"date":571},"\u002Fresources\u002Fmore\u002Fonramp-offramp-liquidity-glossary","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.","2026-09-21",{"path":573,"title":574,"description":575,"date":576},"\u002Fresources\u002Fmore\u002Fonchain-liquidity-vs-offramp-liquidity","Onchain liquidity vs off-ramp liquidity: why a deep DEX pool doesn't mean a deep BRL payout","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.","2026-09-28",{"path":578,"title":579,"description":580,"date":581},"\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.","2026-08-31",{"path":330,"title":583,"description":584,"date":585},"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.","2026-06-26",{"path":587,"title":588,"description":589,"date":470},"\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":591,"title":592,"description":593,"date":480},"\u002Fresources\u002Fmore\u002Fstablecoin-b2b-payments-by-region","Stablecoin B2B payments in 2025: volume, regions, and what the data misses","B2B stablecoin payments hit $226 billion in 2025, per McKinsey and Artemis. Where payments start, why Latin America looks tiny, and what blocks scale.",{"path":595,"title":596,"description":597,"date":598},"\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.","2026-09-22",{"path":600,"title":601,"description":602,"date":542},"\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":604,"title":605,"description":606,"date":607},"\u002Fresources\u002Fmore\u002Fstablecoin-neobank-vs-traditional-neobank","Stablecoin neobank vs traditional neobank: what actually changes","A stablecoin neobank keeps the bank-transfer experience and moves value on stablecoins behind it. 12 differences in speed, cost, FX, coverage, and risk.","2026-10-07",{"path":609,"title":610,"description":611,"date":607},"\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":613,"title":614,"description":615,"date":576},"\u002Fresources\u002Fmore\u002Fstablecoins-vs-bitcoin-for-business-payments","Stablecoins vs Bitcoin for business payments: price risk, settlement, accounting, and rules","Stablecoins or Bitcoin for business payments? Compare price stability, settlement, US tax, the GENIUS Act, and issuer risk, with a clear decision rule.",{"path":617,"title":618,"description":619,"date":620},"\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.","2026-10-12",{"path":622,"title":623,"description":624,"date":625},"\u002Fresources\u002Fmore\u002Fstellar-anchors-vs-payout-api","Stellar anchors vs a payout API: how SEP-24, SEP-31, and SEP-38 off-ramp USDC","How Stellar anchors off-ramp USDC through SEP-24, SEP-31, and SEP-38 quotes, how a payout API does the same job, and which one fits your product.","2026-10-05",{"path":627,"title":628,"description":629,"date":533},"\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":631,"title":632,"description":633,"date":475},"\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":635,"title":636,"description":637,"date":638},"\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.","2026-08-22",{"path":640,"title":641,"description":642,"date":607},"\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":644,"title":645,"description":646,"date":647},"\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.","2026-08-26",{"path":649,"title":650,"description":651,"date":542},"\u002Fresources\u002Fmore\u002Fpayment-blockchains-tempo-arc-explained","What are payment blockchains? Tempo, Arc, and stablecoin-native chains explained","Tempo and Arc charge fees in stablecoins and finalize in under a second. How payment blockchains differ from Ethereum and Solana, and when to use them.",{"path":653,"title":654,"description":655,"date":656},"\u002Fresources\u002Fmore\u002Ftypes-of-crypto-off-ramps","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.","2026-09-24",{"path":658,"title":659,"description":660,"date":661},"\u002Fresources\u002Fmore\u002Fwhat-happens-on-chain-in-a-stablecoin-payment","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.","2026-08-13",{"path":663,"title":664,"description":665,"date":666},"\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.","2026-10-02",{"path":668,"title":669,"description":670,"date":671},"\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.","2026-09-01",{"path":673,"title":674,"description":675,"date":475},"\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":449,"title":5,"description":427,"date":426},{"path":678,"title":679,"description":680,"date":681},"\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.","2026-09-20",{"path":683,"title":684,"description":685,"date":475},"\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":687,"title":688,"description":689,"date":690},"\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.","2026-09-14",{"path":692,"title":693,"description":694,"date":695},"\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.","2026-08-17",{"path":697,"title":698,"description":699,"date":700},"\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.","2026-09-02",{"path":702,"title":703,"description":704,"date":465},"\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":706,"title":707,"description":708,"date":620},"\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":710,"title":711,"description":712,"date":571},"\u002Fresources\u002Fmore\u002Fbest-network-to-off-ramp-stablecoins","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":714,"title":715,"description":716,"date":533},"\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":718,"title":719,"description":720,"date":656},"\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.",1793903167390]