The system converts USDC/USDT into local currencies such as EUR, USD, INR, PHP, and IDR using dynamic pricing and multiple liquidity paths.
FX routing currently supports conversions between USDC/USDT → EUR / USD / INR / PHP / IDR.
Additional currencies will be added based on payout rail expansion.
Additional currencies will be added based on payout rail expansion.
What FX Routing Does
Optimal Price Selection
Selects the best available FX source based on live liquidity.
Multi-Path Routing
Compares banking partners, OTC providers, and liquidity pools.
Fast Settlement
Ensures conversions settle quickly to enable timely payouts.
Transparent Cost Structure
No hidden fees — clear breakdown of FX rate, spread, and final payout.
How FX Routing Works
1. Stablecoin Funding
Treasury or application funds the account in USDC or USDT on supported blockchains.
Routing begins only after liquidity is confirmed on-chain.
Routing begins only after liquidity is confirmed on-chain.
2. Rate Discovery
Rampnow fetches quotes from multiple liquidity sources:
- Bank FX desks
- OTC partners
- Regional liquidity providers
- Internal routing tables
The system compares available paths and selects the best executable rate.
3. Route Execution
Once the route is selected, Rampnow:
- Executes the conversion
- Locks the rate for settlement
- Allocates local currency to the payout queue
4. Local Payout Preparation
Converted funds are assigned to:
- Payroll batches
- Vendor payments
- Remittances
- General treasury withdrawals
Rails include IMPS, ACH/SWIFT, SEPA, PHP banks, IDR banks.
5. Settlement & Reporting
Treasury teams receive:
- FX breakdown
- Timestamped conversion logs
- Payout readiness confirmation
FX Routing Engine Architecture
Primary Quote Providers
Primary Quote Providers
Used for large or repeated conversions with predictable spread.
Secondary Liquidity Providers
Secondary Liquidity Providers
Used for fallback routing or regional payouts (INR, PHP, IDR).
Smart Failover
Smart Failover
If a provider is offline or returns a stale quote, routing automatically switches to the next best available source.
Compliance & Risk Filter
Compliance & Risk Filter
All conversion routes are checked for:
- Sanctions
- AML requirements
- Jurisdictional restrictions
Supported FX Flows
| From (Funding) | To (Payout Currency) | Rail | Notes |
|---|---|---|---|
| USDC / USDT | INR | IMPS | Instant retail settlement |
| USDC / USDT | USD | ACH / SWIFT | Same-day or T+1 |
| USDC / USDT | EUR | SEPA / SEPA Instant | Fast EU settlement |
| USDC / USDT | PHP | PH Banks / E-wallets | Minutes |
| USDC / USDT | IDR | Domestic ID transfers | Same-day |
All FX conversions originate from USDC/USDT funding. Crypto → crypto swaps are handled through the Swap & Bridge engine, not the FX routing engine.
Rate Stability & Guarantees
Time-Locked Quotes
FX rates are locked for a short execution window to avoid volatility.
Low Operational Spread
Competitive spread designed for enterprise-scale payout operations.
Protected Execution
If a provider rejects the trade, failover routing ensures continuity.
Transparent Fees
Clear fee structure with no hidden charges or layered intermediaries.
When to Use FX Routing
- Payroll across India, US, Europe, and Southeast Asia
- Vendor payouts in multiple local currencies
- Remittance flows for customers sending money home
- Treasury rebalancing between stablecoins and local fiat
- Cross-border settlement for international operations
Need custom FX spreads or large-volume pricing?
Our treasury and FX desk can configure enterprise pricing for recurring or high-volume flows.