How Tazapay Helps
Stablecoin Collections
Accepts stablecoin collections (e.g., USDC, USDT)
Fiat Conversion
Converts stablecoins to fiat where required
Global Payouts
Supports local fiat payouts across countries
Simplified Off-Ramps
Reduces reliance on multiple off-ramp providers
Integration Flow
1
Collect Stablecoins
Platform collects funds in stablecoins
2
Credit Balance
Funds are credited to the platform’s Tazapay balance
3
Convert to Fiat
Stablecoins are converted to fiat when required
4
Initiate Payouts
Platform initiates payouts to beneficiary bank accounts
5
Settlement
Tazapay handles FX, local rails, and settlement
6
Track & Reconcile
Payout status and reconciliation are tracked via APIs and dashboard
APIs Involved
| Purpose | API | Endpoint |
|---|---|---|
| View holding balances | Fetch Balances | /v3/balances |
| Stablecoin to fiat conversion | FX / Conversion APIs | /v3/fx |
| Create payout | Create Payout | /v3/payouts |
| Track payout status | Fetch Payout | /v3/payouts/{id} |
| Reconciliation | Fetch Balance Transactions | /v3/balance_transaction/{id} |
| Event handling | Webhooks | payout.* |
Example
Stablecoin Payroll Platform
A stablecoin payroll platform:
- Receives funds in USDC
- Uses Tazapay to convert and pay employees in local fiat
- Offers a seamless crypto-to-fiat experience to end users
Tazapay handles:
- Stablecoin to fiat conversion
- Local payout networks
- Compliance and reconciliation