• Create account via /accounts
  • Initiate KYC via /kyc/generate-link and complete verification
  • Link external account via /external-accounts
  • Fund account (USDC/fiat)
  • Mint USDX via /stablecoin/mint
  • Access and manage wallet via /wallets

This section covers the process of depositing funds and minting USDX tokens.

Learn about the process of purchasing a basket of assets with USDX.

Understand the redemption process for USDX tokens.

This section explains how to withdraw funds and burn USDX tokens.

Overview

Reward Multiplier

Participants
  • Sender
  • Recipient
  • Stablecoin issuer
  • Blockchain network
  • Wallet providers

Transaction Process

Authorization

  1. Sender initiates a transfer via their wallet.
  2. Transaction is broadcast to the blockchain network.
  3. Network verifies sender's balance and transaction validity.
  4. Transaction is approved and added to the blockchain.

Processing

  1. Transaction is processed on the blockchain.
  2. Smart contracts execute any required conditions.
  3. Network nodes confirm the transaction.

Settlement

  1. Stablecoin is credited to the recipient's wallet.
  2. Transaction is permanently recorded on the blockchain.