Crypto & Stablecoin Infrastructure · Use case

Add a fiat on- and off-ramp to a wallet or app

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Short answer

A ramp provider lets users convert between fiat and crypto inside your app, taking payment by card, bank transfer or local methods and delivering assets to a wallet. Often the provider performs KYC and holds the permissions, which shapes the user journey and who owns the customer.

What this use case is

A ramp provider lets users convert between fiat and crypto inside your app, taking payment by card, bank transfer or local methods and delivering assets to a wallet. Often the provider performs KYC and holds the permissions, which shapes the user journey and who owns the customer.

Who builds this

Wallets
Web3 apps
Neobanks adding crypto
Games and marketplaces

What your customer sees

  1. 1Chooses amount and asset
  2. 2Verifies identity once
  3. 3Pays by card or bank
  4. 4Receives assets in the wallet
  5. 5Sells back to fiat when wanted

How Crypto & Stablecoin Infrastructure solves it

1

User selects buy or sell

User selects buy or sell

2

KYC by the provider or shared from you

KYC by the provider or shared from you

3

Payment collected via card, bank or local method

Payment collected via card, bank or local method

4

Conversion executed

Conversion executed

5

Assets sent to the user's wallet

Assets sent to the user's wallet

6

Sell flow reverses the path to a bank account

Sell flow reverses the path to a bank account

Want to have

  1. Payment methods in your markets
  2. KYC handling
  3. Asset and network coverage
  4. Widget or API
  5. Clear fee display
  6. Permissions for your markets

Optional

  1. Reuse of your own KYC
  2. Recurring purchases
  3. Local payment methods

Design decisions

Customer ownership

Provider's customer
Your customer

speed versus relationship and data.

What to put in your RFP

Methods and currencies

  • Methods and currencies

Assets and networks

  • Assets and networks

KYC approach

  • KYC approach

Permissions

  • Permissions

UX

  • widget or API

Commercials

  • fees and spreads
Add these to an RFP

How to evaluate providers for this use case

  1. 1Conversion in your markets
  2. 2Total cost to users
  3. 3Permissions
  4. 4KYC experience

Pitfalls

  • Card declines on crypto purchases
  • Fees hidden in spreads
  • Users stuck between two KYC processes

What providers will ask you

  1. Markets
  2. Expected users and volumes
  3. Your own permissions

Other Finlane categories that cover parts of this

This use case is solved mainly with Crypto & Stablecoin Infrastructure. These categories cover specific parts of it and can be tendered alongside it.

KYC, KYB & Identity

Shared or reusable onboarding

Payment Processing & Acquiring

Card acceptance for purchases

Fraud & AML Monitoring

Payment fraud on ramps

Frequently asked questions

Other Crypto & Stablecoin Infrastructure use cases

Custody assets for a regulated product

Store customer assets with a licensed custodian using MPC or HSM key management and clear insurance terms.

Settle B2B payments in stablecoins

Move USD/EUR value across borders on stablecoin rails with instant settlement and automatic fiat conversion.

Issue stablecoin-linked cards

Combine a wallet with card issuing so users can spend their stablecoin balance anywhere cards are accepted.

Scope add a fiat on/off-ramp to a wallet or app with Crypto & Stablecoin Infrastructure providers

Scope this use case