Holding balances

Created by Mayank Singhal, Modified on Sat, 11 Jul at 6:24 PM by Mayank Singhal

Question:


Can we hold a balance in local currency within the provider's system? Or is every transaction an immediate conversion (e.g., pay-in in USD automatically converted to USDT/C)?


Answer:


You can hold USD fiat balances in the VAs. You can also opt for every fiat pay-in auto-converting 1:1 to USDC/USDT, which you can hold indefinitely in the custodial wallet or route to any address — so you always hold a dollar-denominated balance.

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