Supported Rails
HIFI enables you to seamlessly transfer stablecoins between wallets, liquidate stablecoins into fiat bank accounts, or convert fiat currency into on-chain stablecoins. Given the diverse nature of blockchain ecosystems and banking systems, we will be rolling out support for different blockchains, stablecoins, and fiat payment rails in phases. Below are the rails we currently support. For more information about our supported rails, please feel free to reach out.
Third party payments
Third party payments are fully supported for non-US transfers, liquidation address payments, and business virtual account payments.
The only restricted third party payments are 1) US third party payments and 2) peer to peer virtual account payments for individuals above $2K.
While we try to keep our documentation up to date, HIFI adds networks, chains and tokens to our support list frequently. If you don't see your desired network/chain/token support, there is a chance that HIFI is already working on delivering this functionality. For the most updated list, please reach out to [email protected]!
This page lists the supported payment rails for converting between fiat and cryptocurrency (onramp and offramp) and for conducting on-chain transactions. Each section provides details on supported payment methods, blockchain networks, KYC level requirements, and the current status of each service.
✅: Active ⏳: Coming soon 📩: Available upon request
Rails
ON_CHAIN: On-chain and wallet functionalities. (Will have been unlocked if you successfully created a user.)
USD_EURO: Onramp and offramp for USD and EURO.
SOUTH_AMERICA_STANDARD: South American region offramp for BRL, MXN, COP, and ARS with a higher transaction limit.
| Limit Type | SOUTH_AMERICA_STANDARD (Individual) | SOUTH_AMERICA_STANDARD (Business) |
|---|---|---|
| Per Transaction | $10,000 | $30,000 |
| Daily | $50,000 | $100,000 |
| Monthly | $100,000 | $250,000 |
AFRICA_GENERAL: South Africa region onramp and offramp for most currencies other than Nigeria.
- Minimum Onramp Amount:
- If the destination amount of USDC is set, a minimum of 10 USDC is required.
- If the source amount of local currency is set, refer to the chart below:
| Local Currency | Min Amount |
|---|---|
| BWP | 150 |
| XAF | 1000 |
| KES | 500 |
| MWK | 2000 |
| RWF | 1500 |
| ZAR | 100 |
| TZS | 2500 |
| UGX | 15000 |
| ZMW | 100 |
- Minimum Offramp Amount: 10 USDC
AFRICA_NIGERIA: Nigeria onramp and offramp.
- Minimum Onramp Amount: 2,500 NGN
- Minimum Offramp Amount: 10 USDC
Africa Region Coverage
Please refer to the Google Sheets for the most up-to-date data.
MULTI_CURRENCY_ACCOUNT: Multi-Currency Account. (ETA: ≤ 2 business days)
Financial Businesses
Businesses that transmit funds on behalf of their customers are required to complete Enhanced Due Diligence (EDD) and must pass the MULT_CURRENCY_ACCOUNT_EDD rail instead.
MULT_CURRENCY_ACCOUNT_EDD: Multi-Currency Account restricted to businesses that transmit funds on behalf of their customers. The KYC process requires Enhanced Due Diligence (EDD).
(Please contact HIFI support if you need access to this rail.)
(ETA: ~2 weeks)
Onramps
Offramps
On-chain
| Crypto Currency | Networks | Rails | Status |
|---|---|---|---|
| USDC | Polygon, Ethereum | ON_CHAIN | ✅ |
| USDC | Optimism, Base, Solana | ON_CHAIN | ✅ |
| USDT | Ethereum | ON_CHAIN | ✅ |
Bridging
| Crypto Currency | Networks | Rails | Status |
|---|---|---|---|
| USDC | Polygon, Ethereum, Solana | ON_CHAIN | ✅ |
Updated 3 days ago