In order to tokenize fiat currency into USDC, you need to wire USD to our bank account. Once we have reviewed and approved this transaction, and ensured it is within your weekly tokenization limit, we will mint the corresponding USDC tokens and credit them to your account. This will also enable your bank account for receiving the proceeds of redeeming USDC.
Please note the importance of including your Reference in your bank transfer. Without it we will not be able to process your transaction.
Steps
- Go to “Tokenize USD”
- Select the bank account you want to deposit from, indicate the amount you wish to deposit, and click “Continue”
- Note down your unique reference (e.g. CIRXXXXXXX). This is specific to the bank account you selected, and must be attached as a memo / reference
- Contact your bank with the wire instructions detailed on screen.
- Once again, please note the importance of including your Reference in your bank transfer. Without it we will not be able to process your transaction and funds will be returned to sender.