- Utopia
- Posts
- Improvements to Stablecoin Bank Transfers (formerly USDC Bank Transfers)
Improvements to Stablecoin Bank Transfers (formerly USDC Bank Transfers)
Send USDC, or USDT to any US Bank Account. Updates + improvements include USD accounts, international addresses, and USDT support.
Improvements to Stablecoin Bank Transfers (formerly USDC Bank Transfers)
Hey, it's Kaito from Utopia!
I wanted to share some exciting news about our stablecoin bank transfer functionality. To recap, stablecoin bank transfers (which we used to call USDC Bank Transfers) allows your company to send USDT/USDC to any US bank account or USD account (similar to Wise).
We've made significant improvements since our launch, and we gained coverage from The Defiant, The Block, and Blockworks and created a buzz on crypto Twitter, check it out here: https://twitter.com/utopialabs_/status/1682104692246212608?s=20
Here’s a list of things that we’ve shipped:
USDT Support (more tokens coming soon)
Send USDT to any US bank account via ACH!
USD Account Support
Send USDC or USDT to any USD account. The USD account just needs a US Account Number and Routing Number.
International Addresses
If you’re sending USDC or USDT to a US bank or USD account that’s associated with an international address, simply select country → other.
Get started with stablecoin bank transfers for your crypto org today.
We know how hard it is to get access to the US financial rails as a crypto company. Feel free to book in a time with me directly below, or you can get started here: https://app.utopialabs.com/login
Best,
Kaito