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Standalone FX allows you to exchange different currencies in your account using the API. This includes onramping funds into stablecoins for USDC payouts as well as offramping stablecoins to fiat for open loop fiat payments.

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Features

  • Swap EUR ↔ USDC
  • Swap GBP ↔ USDC
  • Swap EUR ↔ GBP (coming soon)
Minimum amounts apply to USDC swaps for on/offramping
(eg: min 10 EUR -> USDC, min 10 USDC -> EUR)
Contact ivy for more information about fiat ↔ fiat swaps

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Use Cases

  • On/Offramp between fiat and stablecoins
  • Manage your currency exposure for treasury management
  • Payouts in different currencies
  • Payins in different currencies

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How to Use It

1

Get a real-time exchange rate

Use the /fx/retrieve-rate endpoint to fetch the current rate for your desired currency pair.
2

Execute an FX

Use the /fx/execute endpoint to convert your balance in the target currency.
3

Fetch FX details

After creating an FX swap, you’ll receive an fxId on the FX object. Use this fxId with the /fx/retrieve endpoint to fetch details about the exchange rate and conversion used for that specific swap.