USDC on Ethereum
Stablecoin payments are currently available via API only and are not supported in the Airwallex web app.
Sending stablecoins to an incorrect wallet address or unsupported network will result in the irreversible loss of funds. Always verify the recipient wallet address and network before initiating a transfer.
USDC is a dollar-backed stablecoin issued by Circle. Airwallex supports payouts of USDC on the Ethereum network.
For a step-by-step guide on creating a stablecoin payout, see Transfers via Stablecoin.
Overview
| Features | USDC on Ethereum network |
|---|---|
| Supported currency | USD |
| Network | Ethereum |
| Flight time | Minutes (4 block confirmations required) |
A block confirmation occurs when the blockchain network validates and adds a new block containing your transaction. Ethereum typically produces a block every ~12 seconds, so 4 confirmations take roughly 1 minute.
Please refer to the section below for this stablecoin's key required fields and other considerations.
Transfer to USDC
| Required fields | Permitted data | Notes |
|---|---|---|
type | STABLECOIN_WALLET | Beneficiary type |
entity_type | COMPANY or PERSONAL | Entity type of the beneficiary |
company_name | String | Required when entity_type is COMPANY |
additional_info.business_registration_number | String | Required when entity_type is COMPANY |
first_name | String | Required when entity_type is PERSONAL |
last_name | String | Required when entity_type is PERSONAL |
date_of_birth | YYYY-MM-DD | Required when entity_type is PERSONAL |
address.country_code | 2-letter ISO 3166-2 country code | Country of the beneficiary |
stablecoin_wallet.asset | USDC | Stablecoin asset type |
stablecoin_wallet.network | ETHEREUM | Blockchain network |
stablecoin_wallet.address | Ethereum address (0x...) | Wallet address of the beneficiary |