Stablecoins & digital assets
Digital dollars and euros, currency conversion, wallets and the rules around them.
What are stablecoins?
Stablecoins are digital tokens designed to keep a stable value, usually 1:1 with a currency like the US dollar or the euro, most often backed by reserves.
Currency conversion (FX)
FX conversion changes money from one currency to another. The rate and the spread you get decide how much the payee receives.
Crypto wallets
A crypto wallet holds the keys that control stablecoins. Wallets are either self-custodial or custodial.
On-ramp and off-ramp
An on-ramp converts bank money into stablecoins. An off-ramp converts stablecoins back into money in a bank account.
Data protection (GDPR)
Payout data contains personal data such as names, addresses, IDs and bank details, so privacy laws like the GDPR usually apply.
What are stablecoins?
Stablecoins are digital tokens designed to keep a stable value, usually 1:1 with a currency like the US dollar or the euro, most often backed by reserves.