Articles on: Stablecoin/Crypto

Using Stablecoin (USDT / USDC) with Priyo Pay

What is Stablecoin?

Stablecoins like USDT (Tether) and USDC (USD Coin) are digital currencies pegged to the US Dollar (USD).

They let you send or receive digital USD quickly and securely.


How It Works

• You can create a wallet address linked to your USD account.

• Send USDT or USDC to that wallet.

• The equivalent USD will be added to your Priyo Pay USD account once confirmed.


Who Can Use This Feature

• Only users whose legal address is in one of the listed countries can use the Stablecoin feature.

• Your legal address must match one of the supported countries.

Supported Countries

Changing Your Address

• You can update your legal address if needed.

• You’ll need to upload valid proof of address for the new country.

• After that, you must complete KYC verification on Bridge (the service provider for Stablecoin).


Deposit Time

• Deposits usually complete within a few minutes.

• In some cases, it can take up to 24 hours depending on blockchain network speed.


Important Notes

• Only USDT (TRC20 or ERC20) and USDC are supported.

• Always send to the correct network and wallet address to avoid loss of funds.

• Currently, only deposits are available (withdrawals may be added later).

• All Stablecoin transactions are verified through Bridge and require full KYC.

Updated on: 02/11/2025

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