Utopians,

We’re excited to be announcing our newest feature, USDC Bank Transfers, one of our most ambitious product features to date that simplify crypto <> FIAT operations.

USDC Bank Transfers allows any company (ie American, Swiss, Singaporean, Cayman entities) to send USDC from their Safe to any US bank account.

Our mission at Utopia is to accelerate crypto payments. The harsh reality today is that the infrastructure between traditional financial rails (aka FIAT) does not seamlessly communicate with crypto.

Simply put, crypto needs to communicate with FIAT.

Utopia fills that gap with USDC bank transfers, which allow you to use USDC for any use case, whether it’s paying your AWS bill, your office rent, vendors, etc.

Here's how it works:

1. Apply as a business in <10 min by logging in to your Utopia account here -> head to settings -> business verification.

Reminder: Once you submit your KYB (know your business) details, check your email to finish off the KYC process, which then completes your application. The email should look like this:

2. Once you submit your KYB and KYC details, we’ll review your application in <2 business days.

You’ll receive an email once you’re approved. You can also check your application status in Utopia.

3. Send USDC to any US Bank Account

Once you’re approved, you’re ready to send USDC to any US bank account! You’re going to need the recipients banking details, such as the account + routing number.

It's that simple.

Join us:

We were just covered by the Defiant on our product launch, and you can find more details about USDC bank transfers below:

Stay based,

Utopia

Credits go to our Utopians: Marcin, Byron, Chillyfish, Makysm, Vic, Alex, Pryce, Jihern who poured their blood, sweat, and tears into this launch!

P.S: If you’ve been happy with our work and are aware of anyone potentially looking to improve their Safe operations, I’d love it if you pointed them my way. Our business grows entirely by this sort of word-of-mouth, so it’s super-helpful.

You can make a referral either by just forwarding this this email to [email protected] and connecting me with them. You’ll each get gasless transactions on your Safe for a month!

Thank you in advance—I really appreciate it!